Beazley delivers record profit as CR falls to 71% and property rates rise 22%

Insurer pulls back from D&O but remains ‘committed’

Beazley’s profit before tax jumped 115% last year to a record $1.25bn, with the insurance service result, or underwriting profit, up 52% to the same amount.

Insurance written premiums (IWP) rose 7% to $5.6bn, with net writ...

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