It seems that specialty insurer Beazley has made a flying start to 2019.
Releasing its trading statement for the three months ending March 31, 2019, the company reported that gross premiums written had shot up by 16% to stand at US$731 million (around AU$1.048 billion) – up from US$631 million (around AU$904.6 million) the prior year. Premium rates on renewal business also increased 3% and the company enjoyed an investment return of 2%.
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