Beazley open to using Lloyd’s ILS structure for third-party capital
Posted On: Aug. 11, 2021 10:01 AM CSTAdrian 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.