Beazley focuses on M&A as profit rises to $251m

Andrew Horton

Beazley has confirmed that acquiring businesses in its target markets remains a key priority despite its failed bid to acquire Lloyd’s competitor Hardy towards the end of last year.

In its 2010 financial results statement, The insurer said that while Hardy’s board had viewed Beazley’s offer as undervaluing the company, Beazley “seeking to acquire teams of underwriters

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