Beazley (GB:BEZ) has released an update.
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Beazley PLC has reported strong financial performance for the first nine months of 2024, with insurance written premiums rising by 7% to $4.625 billion and investment income reaching $513 million. The company expects to maintain its combined operating ratio guidance of around 80%, despite the impact of Hurricanes Helene and Milton. Beazley’s strategic focus on disciplined underwriting and risk selection has positioned it well amidst a volatile claims environment, with significant growth in property risks driving its performance.
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