News

Beazley improves combined operating ratio by 16% in 2021 following pandemic recovery

By 2022-02-10T15:37:00

Financial (4)

Rate improvements in the cyber market and lower natural catastrophe losses have contributed to the business’ profit

Insurer Beazley has reported a profit before tax of $369.2m (£272m) for 2021, driven by an improved combined operating ratio (COR) of 93%, according to its full year financial results for the 12 months to 31 December 2021, published today (10 February 2022).

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