Beazley seeks 10% rate hikes across the board

09-09-2019

Beazley seeks 10% rate hikes across the board

Patrick Hartigan, head of reinsurance, Beazley

Specialist Lloyd’s re/insurer Beazley will be seeking 10 percent rate increases across the board in this renewals season as it looks to offset higher retrocessional costs while re-pricing perils responsible for larger than expected losses in recent years. It also expects to shed 10 percent of its business.


Monte Carlo 2019, Beazley, Insurance, Reinsurance, Speciality, Patrick Hartigan, North America

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