Half Year Results 

Profits down at Beazley

Profits down at Beazley

Shares in Beazley (BEZ) fell over 5 per cent on the morning the Lloyd’s of London underwriter reported a significant fall in profits for the six months to June. The principle contributor to the decline was a slump in investment income, while strengthening reserves in the property division cut prior year reserve releases by over 40 per cent.

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