Beazley falls to $50m loss in 2020 after event cancellation drives Covid-19 claims

Beazley recorded a 250% fall in pre-tax profit to record a “disappointing” loss of $50.4m in 2020, after being $268m in the black during 2019.

The firm booked insurance claims worth $1.96bn last year, with $340m due to Cov...


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