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Natural catastrophes to cost Beazley $275 million

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Natural catastrophes to cost Beazley $275 million

U.K.-based insurer Beazley P.L.C. expects hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico to cost the insurer $275 million, City A.M. reports. The catastrophes are likely to reduce Beazley's earnings by $150 million.

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