Analysis: Beazley’s 2022 cyber results reveal 79% CoR amid 42% GWP growth
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Analysis: Beazley’s 2022 cyber results reveal 79% CoR amid 42% GWP growth

Abbie Day
07 March 2023
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Beazley hailed the “substantial” growth prospects for its cyber division to investors last week, despite cyber premiums coming below an expectation of $1.3bn for 2022, as its results revealed a 79% combined ratio for the class.

Executives at the carrier set out opportunities in cyber on an earnings call, after Beazley announced its full-year 2022 results in an annual report which provided a breakdown of performance metrics for its cyber underwriting.

The

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