Beazley launches combined cyber and executive risk divisionLondon carrier Beazley has launched a cyber and executive risk division led by its head of cyber and executive risk Mike Donovan.
Beazley appoints Sally Lake finance directorLondon carrier Beazley has named Sally Lake as its finance director, replacing Martin Bride.
Beazley targets financial lines growth in Asia with Pegasus partnershipLondon carrier Beazley is expanding its insurance offering in Asian markets through a new financial lines capacity arrangement with Hong Kong-based coverholder Pegasus Underwriting.
Beazley builds out Asia financial lines team with two hiresHarry Goh and Jessica Schappell will join Beazley’s Singapore office in the new year.
Beazley on the hook for $40mn Cali wildfire lossesLondon insurer Beazley has pegged its loss bill for the 2018 California wildfires at $40mn net of reinsurance.
Beazley, AEGIS and Allied World lead first-ever PPL league tableSyndicates managed by Beazley, AEGIS and Allied World lead the first published league table of Lloyd’s adopters of PPL, the e-placing platform that is being rolled out in the London subscription market.
Beazley facilities syndicate 5623 increases to $133mnLloyd’s insurer Beazley plc has received permission to more than double the size of its innovative facilities-only SPA Syndicate 5623 from $50mn in 2018 to $133mn next year, Re-Insurance can reveal.
Beazley’s top line swells as it exits construction and engineeringBlue chip Lloyd’s (re)insurer Beazley grew gross written premiums (GWP) by around 11 percent in the first nine months of the year to $1.96bn as the Andrew Horton-led firm put its construction and engineering business into run-off.
LMA names Ascot's Brooks next chairmanThe LMA has appointed Andrew Brooks, CEO of Ascot Underwriting its next chairman.
Reinsurers looking for Lloyd's leadership on Brexit: HartiganBeazley’s head of reinsurance Patrick Hartigan has called on the Corporation to provide more clarity to reinsurers over Brexit.
Markel takes Beazley’s Lam in SingaporeMarkel has hired Beazley’s underwriting manager Gordon Lam in Singapore.
Lloyd’s crackdown proves an opportunity for Beazley: HortonLloyd’s focus on under-performing lines of business and serial loss-making syndicates yields an opportunity for Beazley, the London-listed carrier’s CEO Andrew Horton has said.
Beazley shares fall as profits hit by reserve chargeLloyd’s insurer Beazley has seen profits sink by 64 percent in the first half of the year as a reserve charge in its property division took a toll on the group’s bottom line.
London carriers grab chance for Q1 growth but specialty rates struggleLondon’s remaining listed carriers posted solid top line growth in the first quarter as the impact of last autumn’s catastrophes fed through to pricing, but clouds remain over the outlook for the remainder of the year as capacity remains abundant.
Beazley top line jumps 10% as rates rise amid market ‘recalibration’London market carrier Beazley said it grew gross written premiums (GWP) by around 10 percent in the first quarter to $631mn as the Andrew Horton-led firm noted substantial rate increases across the majority of its underwriting lines.
Beazley looks to grow Asia Pacific operations with regional new headBeazley has appointed Lucien Mounier to head its Asia Pacific operations based out of Singapore.
Beazley CUO Maidment to step down at end of 2018Long-serving Beazley chief underwriting officer (CUO) Neil Maidment is set to retire at the end of the year after nearly three decades with the company.
Beazley mulls entering UK ILS marketLondon (re)insurer Beazley Group has confirmed it is exploring an entry into the nascent UK ILS market.
UPDATE: Beazley closes up 6% after full year resultsShares in Beazley were trading hands for £5.61 a piece, up 5.5 percent, when the London Stock Exchange closed today, after the Lloyd’s (re)insurer released its fourth quarter results.
Beazley bolsters European specialty teamBeazley has bolstered its specialty lines team with a series of appointments as it looks to grow across Europe.