Beazley Plc Issues Trading Statement For The Nine Months Ended 30 September 2019

  • Nov 08, 2019 GMT
  • Team Kalkine
  • Gross premiums were higher by 12% to $2,192 million (the same in 3Q 2018 were $1,958 million)
  • Premiums on renewal business registered an increase of 6%
  • A return of $215 million has been generated on investments
  • The company continues to experience heavy claims and its exposure to catastrophes in the third quarter is expected at $80 million.
  • On 8th November 2019, at the time of writing, GMT 11:59 AM, BEZ shares were trading at GBX 582.50, up by 43.50 points or 8.07 per cent against the previous day closing price.

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