Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover
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Summary
Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover. Boss Adrian Cox said the company was knocked by ‘rapidly softening conditions’ in the specialist insurance market.
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Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover.
reliability moderate3/3 sourcesBoss Adrian Cox said the company was knocked by ‘rapidly softening conditions’ in the specialist insurance market
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Insurance firm Beazley has revealed its profits tumbled by more than half over the past year six months, ahead of its mammoth takeover by rival Zurich .
according to The Independent
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