Beazley to raise £385mn war chest to target cyber and specialty lines
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider ILS is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Beazley to raise £385mn war chest to target cyber and specialty lines

Beazley Nov 22.png

Beazley has announced a £385mn ($452mn) fundraise to provide growth capital for targeting “attractive underwriting opportunities” in the market, especially cyber and specialty classes and property risks.

The London-listed carrier will issue 61,000 new ordinary shares priced at five pence each, representing around 9.9% of the company’s existing issued share capital.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article