Beazley sees profits slip in H1 results as rates fall

Andrew Horton

Beazley has seen a slight dip in profits in its results for the first half of this year owing to declining rates.

The Lloyd's insurer saw profits fall to $150.2m for the period ending June 30, 2016. Profits for the same period last year were $154.5m.

Rates decreased on its renewal portfolio by 2%, the company

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