Beazley sees premiums rise by 13%

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.