It’s fair to say that 2019 was, generally, a successful one for Beazley Group – the specialist insurer reporting a surge in profits and premiums.
In its results announcement revealed today, the company reported profit before tax of US$267.7 million (around AU$396.5 million) – a leap from last year’s US$76.4 million (around AU$113 million). Its gross written premiums (GWP) also climbed by 15% from US$2,615.3 million to an eye-catching US$3,003.9 million.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.