Beazley suffers Q1 cyber jolt on ‘messy’ market move to war exclusions

02-03-2023

Beazley suffers Q1 cyber jolt on ‘messy’ market move to war exclusions

Adrian Peter Cox, Beazley Group CEO

Specialist re/insurer Beazley has suffered a “dampening” in sales of cyber cover following its Q4 move to write tighter war exclusions into its coverage, but is ready to jump on an expected normalisation as pricing in the sector looks strong, top officials have indicated.


Insurance, Cyber, Reinsurance, War Exclusions, Beazley, Lloyd’s, ILS, Market Outlook, UK, Global

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