Beazley underwrites insurance at Lloyd’s of London

Shares in Lloyd’s of London insurance group Beazley fell more than 11 per cent after the company reported a sharp drop in profit for the first half of 2025 .

Beazley reported a profit before tax of $502.5m (£371.9m) for the six months ending 30 June 2025, down from the $728.9m reported in the first half of 2024.

The specialist insurer announced a two per cent increase in insurance written premiums, which rose to $3.2bn. In the first half of last year, growth was 6.9 per cent.

The company’s undiscounted combined ratio, a key measure of underwriting profitability, stood at 84.9 per cent, compared to 80.7 per cent in the prior-year period. Beazley delivered an annualised return on equity of 18.2 per cent.

Beazley reported earnings pe

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