In the week to 14 February the FTSE All Share rose 1.1% vs. +0.9% for the Insurance Index and -0.5% for the Lloyd’s Index (some share rerating.) The best performer was Lancashire (+1.3%, results due 16th); Beazley was the worst performer (-2.9%). This week we look at Beazley’s combined ratio from 2010-2016 in a bit more detail. The average combined ratio in this period is 89.4%, including an average reserve release of 10.9%. NB The ratio reflects the longer tail nature of the grou
15 Feb 2017
The Money Bin
Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
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The Money Bin
Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
- Published:
15 Feb 2017 -
Author:
Joanna Parsons -
Pages:
9
In the week to 14 February the FTSE All Share rose 1.1% vs. +0.9% for the Insurance Index and -0.5% for the Lloyd’s Index (some share rerating.) The best performer was Lancashire (+1.3%, results due 16th); Beazley was the worst performer (-2.9%). This week we look at Beazley’s combined ratio from 2010-2016 in a bit more detail. The average combined ratio in this period is 89.4%, including an average reserve release of 10.9%. NB The ratio reflects the longer tail nature of the grou