Reinsurance News

Beazley news

News on Beazley, the London-market headquartered specialty insurance and reinsurance company.

Beazley receives green light to establish Dublin-based insurer

13th July 2017

The Central Bank of Ireland has authorised specialist insurer Beazley to convert its Dublin reinsurance firm into an insurer, after Beazley requested to transfer insurance transactions to Ireland to protect its European business after the Brexit vote. The reinsurer, Beazley Reinsurance Designated Activity Company (dac) was first established in 2009, with ... Read the full article

Beazley, Talbot, and Chaucer develop Asian Political Risk Consortium

19th May 2017

Lloyd's of London re/insurers Beazley, Chaucer, and Talbot have collaborated on the launch of a Political Risk Consortium in Asia, providing capacity of up to $130 million for individual risks. The new Political Risk Consortium in Asia will offer increased capacity for a variety of political and contract frustration exposures. Offering ... Read the full article

Nexus and Beazley Syndicate collaborate to offer cyber solutions

10th May 2017

Specialty Managing General Agent (MGA) Nexus Group has announced plans to use its broker network to collaborate with Beazley Syndicate to provide cyber insurance solutions, effective 1st of May, 2017. In the initiative to expand its solutions offer into one of the fastest growing risks and insurance markets, Nexus will act as ... Read the full article

Beazley Re expected to start underwriting third-party business

10th April 2017

Beazley Re, the Irish domiciled internal reinsurance company of Lloyd's and international insurance and reinsurance specialist Beazley, is expected to begin underwriting third-party business as well. Beazley said in its annual report that it filed an application with the Central Bank of Ireland to convert Beazley Re dac, its long-established ... Read the full article

Beazley appoints Stephen Vivian as new head of U.S. marine

22nd March 2017

Specialist insurer Beazley has appointed long-time marine insurance expert Stephen Vivian to head up its U.S. marine business. Vivian most recently served as Managing Director of new business production and marketing for reinsurance brokerage Guy Carpenter, in New York. He boasts a distinguished career of over 30 years’ as a marine insurance ... Read the full article