Insurance Post

Beazley records its lowest COR since 2002 listing

Andrew Horton

Beazley shaved seven percentage points off its 2012 combined operating ratio of 91% in chalking up the lowest COR since the insurance firm became a public company 12 years ago.

The firm's COR of 84% comes alongside a 4 % increase in gross written premiums for 2013, which stood at £1.21bn for the year (2012 FY: £1.16bn).

Profit before tax was recorded at £192m (2012 FY: £154m

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