Beazley announces solid first half results

Lloyd's (re)insurer Beazley has announced that it made a profit before tax of £28.3m in the first half of 2006, down slightly on the £35.2m it made over the same period of 2005 because of exchange rate fluctuations.

Profit before tax and foreign exchange on non-monetary items rose to £36.2m from £28.9m a year earlier. According to the company gross premiums written were up from £275.4m in the first six months of

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