Beazley anticipates $150m hit from Atlantic hurricanes and Mexico earthquakes
Beazley expects to take a $150m (£112m) hit on earnings as a result of Hurricanes Harvey, Irma and Maria as well as the recent earthquakes in Mexico.
The Lloyd’s carrier estimates that the net combined cost of the catastrophes would be in the range of $175m to $275m, shaving millions off its profits for 2017.
“The company is holding substantial
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