Beazley improves UW result as profits dip on investments
Reinsurance News - Mar 02, 2023
Specialist insurer and reinsurer Beazley has reported a 48% dip in profits for 2022 as a poor investment performance offset improvements in its underwriting result. Beazley’s profit before tax for the year came to $191.0 million, compared with $369.2 million for 2021. This was due to a net investmen...
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