Beazley reports CoR of 71% and record profit in 2023

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Reinsurance News - Mar 07, 2024

Specialist insurer Beazley has announced record pre-tax profit of $1.25 billion and a combined ratio of 71% for the year ended December 31st, 2023, with strong growth in the insurance service result of 52% and an investment return of 4.9%. Group profit after-tax rose 112% from 2022’s $483 mill...

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