Beazley to raise £385m in placing to fund underwriting opportunities
15th Nov 2022 16:58
(Sharecast News) - Insurer Beazley announced on Tuesday that it was looking to raise £385m in a share placing to support organic growth and provide growth capital to fund "attractive" underwriting opportunities.
Read moreBeazley gross premiums up 22%
11th Nov 2022 07:03
(Sharecast News) - Insurer Beazley reported a 22% rise in gross premiums for the first nine months of the year and initial estimated losses from Hurricane Ian would be $120m.
Read moreRBC Capital Markets raises target price on Beazley
26th Oct 2022 09:06
(Sharecast News) - Analysts at RBC Capital Markets have updated their model on insurance firm Beazley ahead of the group's third-quarter trading update, raising its target price on the stock from 650.0p to 675.0p in the process.
Read moreBerenberg raises target price on 'top pick' Beazley
24th Oct 2022 10:47
(Sharecast News) - Berenberg raised its target price on Beazley from 685.0p to 720.0p on Monday, stating the group was still its "top pick" in the UK insurance sector.
Read moreBeazley lifts guidance on combined ratio improvement
22nd Jul 2022 07:36
(Sharecast News) - Lloyd's of London insurer Beazley lifted annual guidance on Friday on the back of higher cyber risk premiums.
Read moreBeazley chair David Roberts to step down in autumn
21st Jul 2022 13:59
(Sharecast News) - Beazley said on Thursday that chair David Roberts will be standing down from the board in autumn to take up the role of chair of the Court of the Bank of England.
Read moreDirector dealings: Beazley non-exec makes purchases, Onthemarket CFO sells option shares
11th May 2022 13:10
(Sharecast News) - Insurance firm Beazley was at the top of the buying side of the ledger on Wednesday, after one of its non-executive directors spent more than £0.1m across four transactions.
Read moreBerenberg nudges up target price on Beazley
9th May 2022 10:23
(Sharecast News) - Analysts at Berenberg slightly raised their target price on insurer Beazley from 610.0p to 630.0p on Monday, citing better growth, better rates, and better profitability.
Read moreBeazley gross premiums written increase 27% in Q1
6th May 2022 07:07
(Sharecast News) - Insurance company Beazley said on Friday that 2022 had "started well", with both gross premiums written and premium rates on renewal business increasing in the first quarter.
Read moreBeazley swings to FY profit; cyber division sees good demand
10th Feb 2022 08:00
(Sharecast News) - Insurer Beazley said on Thursday that it swung to a full-year profit amid solid demand in the cyber market.
Read moreBeazley sets aside $125m for natural disaster losses
5th Nov 2021 07:28
(Sharecast News) - Insurer Beazley on Friday reported higher-than-expected gross written premiums, driven by cyber & executive risk and its specialty lines divisions as it set aside $125m in natural disasters claims, including Hurricane Ida and the European floods.
Read moreShoreCap resumes coverage on Beazley at 'buy' on rate momentum and valuation grounds
17th Sep 2021 08:11
(Sharecast News) - Analysts at ShoreCap resumed coverage of Beazley with a 'buy' recommendation, arguing that the insurer was "best placed" to benefit from the rating cycle across its cyber and liability (casualty) lines - where rate momentum was accelerating.
Read moreTuesday broker round-up
17th Aug 2021 14:02
(Sharecast News) - Future: ShoreCap stays at buy; Deutsche Bank keeps at buy and raises target price from 3,802.0p to 4,138.0p.
Read moreUBS downgrades Beazley to 'sell' after share price gains
17th Aug 2021 12:01
(Sharecast News) - UBS downgraded its stance on Beazley shares on Tuesday as it took a look at the European insurance sector.
Read moreBroker tips: TT Electronics, Lloyd's insurers, Made.com
9th Aug 2021 13:57
(Sharecast News) - Berenberg sounded an upbeat note on TT Electronics, pointing to solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.
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