Beazley records lowest COR since 2002
Pre-tax profits rose 25% to $313.3m
Beazley has recorded its lowest combined operating ratio (COR) since becoming a public company in 2002.
The firm posted a COR of 84% for 2013, a significant improvement on the 91% it reported for 2012.
Beazley also registered a 25% pre-tax profit rise to $313.3m [£192.3m] for 2013, up on the $251.2m recorded the previous year.
Gross written premiums edged up 4% to $2bn compared to $1.9bn for 2012, while net earned premiums rose 8% to $1.6bn
Chief executive Andrew Horton praised its "exceptional"
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