Beazley
-
The carrier launched into the political violence market at the beginning of the year. -
Lancashire was the only carrier to see double-digit growth in insurance revenue for H1.
-
Plus the latest people moves and all the top news of the week.
-
The CEO said he expects cyber rates to start flattening post-loss.
-
The executive argued that Beazley’s performance is the ultimate driver of the insurer’s valuation.
-
Growth was driven by active risk selection, as rating environment begins to moderate, said CEO Cox.
-
In messaging to the market, the cyber insurer described the rating environment as “stable and sustainable”.
-
The cyber market should use the latest outage to start decisively taking action on managing cat aggregates.
-
The carrier’s cyber hours clauses and sub-limits will limit exposure, according to the analyst.
-
The current guidance is that Beazley will publish an undiscounted CoR in the low-80s at full year.
-
The incident highlights the aggregation risk around cloud service reliance.
-
A roundup of all the news you need today, including the FCA’s new listing rules.
Most Recent
-
Voss among multiple European TL resignations from Dual
30 April 2025 -
PartnerRe non-life segment swings to Q4 profit
30 April 2025 -
Daily Digest: Top news from 30 April
30 April 2025 -
Munich Re Specialty takes AIG’s Horton
30 April 2025 -
Peak Re books 84% P&C CoR for 2024
30 April 2025 -
Canopius to lead Willis follow facility Gemini
30 April 2025