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Beazley sees premiums rise by 13%

Posted On: Jul. 28, 2023 9:59 AM CST


U.K.-based insurer Beazley PLC’s gross written premiums grew by 13% year-on-year to $2.9 billion in the first half of the year, boosted by property risks and cyber risks, Morningstar reported citing Alliance News. The insurer’s property risks business saw a 66% year-on-year increase in premiums to $792 million, while its cyber insurance saw premiums rise by 14% to $540 million.