Southern hemisphere catastrophe events hit Beazley syndicate
Beazley Syndicate 623, which writes business on behalf of Names at Lloyd’s, has reported a 13.4% return on capacity for the 2008 underwriting year (previously 10%).
It said the 2009 year is "maturing well", currently forecasting a return on capacity of 14% (previously 12%).
It added 2010, which is still in the early stages of development, is currently forecasting
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