May 11, 2017 / 6:17 AM / 3 months ago

BRIEF-Beazley's Q1 gross premiums written reduced by 2% to $573m

May 11 (Reuters) - Beazley Plc:

* Q1 gross premiums written reduced by 2% to $573m

* Q1 premium rates on renewal business decreased by 1%

* Says year to date investment return of 0.9%

* Says specialty lines achieved premium growth of 6% year on year, writing $277m in first three months of 2017

* Expects combined ratio for first half of year to be broadly in line with our long term average

* Says investment income for three months to 31 march 2017 was $42.5m Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below