Natural catastrophes to cost Beazley $275 million
Posted On: Oct. 2, 2017 4:00 AM CST
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.