Beazley (GB:BEZ) has released an update.
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Beazly PLC, a prominent cyber insurance company, has announced that the recent global IT incident caused by a faulty CrowdStrike update will not affect its current full-year combined ratio guidance, which remains in the low-80s. The outage impacted an estimated 8.5 million Windows devices, but Beazley has reassured stakeholders that there is no change to its financial outlook. Further updates will be provided during their first-half performance report on August 8.
For further insights into GB:BEZ stock, check out TipRanks’ Stock Analysis page.
