Beazley targets £385m capital raise, plus retail share issuance

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Reinsurance News - Nov 15, 2022

Specialist insurer Beazley plans to issue 60,959,017 new ordinary shares of five pence each to raise gross proceeds of £385 million, alongside an additional retail share issuance, as the company looks to take advantage of “attractive underwriting conditions.” The new ordinary shares Beaz...

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