Beazley Sees $125-$175 Mln Hit From Hurricanes Helene And Milton
Nov 6 (Reuters) -Beazley PLC BEZG.L:
TRADING STATEMENT
ON TRACK TO DELIVER FULL YEAR GUIDANCE
GROSS IWP GROWTH GUIDANCE FOR YEAR REMAINS AT HIGH SINGLE DIGITS
COMBINED RATIO GUIDANCE FOR YEAR REMAINS AT AROUND 80% ON AN UNDISCOUNTED BASIS, ASSUMING AVERAGE CATASTROPHE ACTIVITY FOR REMINDER OF YEAR
NET INSURANCE WRITTEN PREMIUMS INCREASED BY 7% TO $3,792M (Q3 2023: $3,532M)
INITIAL VIEW OF NET EXPOSURE TO HURRICANES HELENE AND MILTON COMBINED IS BETWEEN $125M-$175M
INSURANCE WRITTEN PREMIUMS INCREASED BY 7% TO $4,625M (Q3 2023: $4,325M)
Source text: ID:nRSF1475La
Further company coverage: BEZG.L
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