The Beazley Plc Directors will propose a final dividend of 102.6p per share (2023:74.0p) at the Annual General Meeting on 22 May 2025, to be paid on 20 June 2025 to shareholders on the register at close of business on 30 May 2025.
Other financial highlights include:
• Profit before tax increased to $1,423.5m (2023: $1,254.4m)
• Insurance written premiums increased to $6,164.1m (2023: $5,601.4m)
• Net insurance written premiums increased to $5,152.3m (2023: $4,696.2m)
• Undiscounted combined ratio of 79% (2023: 74%)
• Discounted combined ratio of 75% (2023: 71%)
• Return on equity of 27% (2023: 30%)
• Initial estimate of Californian Wildfires in the region of $80m
• Mid-single digit gross IWP growth guidance for FY 2025
• Mid-80s undiscounted combined ratio guidance for FY 2025
• $500m share buyback programme to be launched.
