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Beazley’s insurance premiums grow 7%

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P/C insurers

U.K.-based insurer Beazley PLC’s insurance premiums written increased by 7% year-on-year to $1.48 billion ((£1.2 billion) in the first quarter of this year, City A.M reported. The firm said it has continued to benefit from the hard market. Beazley saw the most growth in its property risks book, which grew by 26%, while premiums from cyber risks fell 10%.

 

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