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3 September 2026Insurance

Beazley 623 buyout gets a cold shoulder from Lloyd’s capacity holders

Lloyd’s members held tight to their lingering capacity stakes at the market’s largest syndicate, Beazley’s 623, tendering up a mere £2.8 million in capacity in a buy-out offer from Beazley, just 0.4% of the outstanding stake Beazley had sought.

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