Finance
UK specialty insurer Beazley lowers written premiums outlook
Published by Global Banking and Finance Review
Posted on December 9, 2025
Last updated: January 8, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 9, 2025
Last updated: January 8, 2026
(Reuters) -British speciality insurer Beazley on Tuesday cut its annual insurance written premiums forecast to a growth rate of flat to low single digits percentage, weighed down by increased competition and subdued growth in the cyber insurance sector.
(Reporting by Simone Lobo; Editing by Rashmi Aich)
Insurance is a financial product that provides protection against potential future losses or damages in exchange for regular premium payments.
Cyber insurance is a type of insurance designed to protect businesses from internet-based risks, including data breaches and cyberattacks.
Written premiums refer to the total amount of premiums that an insurance company has underwritten in a specific period, reflecting its revenue from insurance policies.
Risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.
Market conditions refer to the various factors that influence the supply and demand of goods and services in a market, affecting pricing and competition.
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