Beazley
-
The follow-on Lloyd’s syndicate posted a profitable combined ratio of 98% in 2021. -
The gross written premium increase was driven predominantly by cyber and executive risk, which grew by 44% year on year.
-
Stamp capacity for the “beta” syndicate is set to climb by 42% to £204mn.
-
Syndicate 4321 will operate as a consortium led by Syndicates 623 and 2623, providing capacity for companies that meet ESG criteria.
-
The firm is working on an ESG consortium to add to the third-party capital division from next year.
-
he consortium and follow-only SIAB a targeted for a 1 January 2022 launch.
-
The insurer’s overall top line rose 16% as cat claims reached $70mn.
-
The head of Beazley's Smart Tracker discusses a variety of new smart-beta investment pitches and argues that broker M&A will drive more facilitisation of risk transfer.
-
The $350mn follow-capacity solution will cover cargo, specie, terror, financial products, healthcare and marine.
-
Analyst Philip Kett suggested that the carrier has "adequate but not comfortable levels of capital".
-
Contingency losses will result in a total loss and an increased renewal cost.
-
The reinsurer is also allocating more risk budget to cat after cutting back.
