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Beazley open to using Lloyd’s ILS structure for third-party capital

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Adrian Cox, CEO at U.K.-based specialty insurer Beazley PLC, said that the insurer is open to sourcing third-party capital via Lloyd’s new London Bridge Risk PCC insurance-linked securities structure, Artemis reported. This aligns with Beazley’s efforts to boost capital and capacity without diluting its own corporate ownership and shareholders stakes.

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