Beazley to raise £385mn war chest to target cyber and specialty lines
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Beazley to raise £385mn war chest to target cyber and specialty lines

Beazley Nov 22.png

Beazley has announced a £385mn ($452mn) fundraise to provide growth capital for targeting “attractive underwriting opportunities” in the market, especially cyber and specialty classes and property risks.

The London-listed carrier will issue 61,000 new ordinary shares priced at five pence each, representing around 9.9% of the company’s existing issued share capital.

The

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