Beazley PLC (OTCPK:BZLYF)
$ 8.67 0 (0%) Market Cap: 5.56 Bil Enterprise Value: 5.37 Bil PE Ratio: 5.58 PB Ratio: 1.44 GF Score: 77/100

Q1 2022 Beazley PLC Trading Statement Call Transcript

May 06, 2022 / 07:00AM GMT
Release Date Price: $5.38 (+3.50%)
Operator

Ladies and gentlemen, welcome to your Beazley First Quarter Interim Statement Conference Call. (Operator Instructions) I'll now hand over to your host to begin. Please go ahead.

Adrian Peter Cox
Beazley plc - CEO & Executive Director

Thank you very much indeed, and welcome, everyone, to the 2022 Q1 Beazley IMS. Thank you for dialing in. I'll just start with a few comments and then hand over to some Q&A.

So despite the war, we're pleased with our start to the year. We're pleased with the growth. We have indeed maintained the momentum that we built up last year and continue to put some new exposure on the books, which is positive.

We had been guiding to mid-double-digit growth. And so the fact that we're ahead of that for Q1 is a good thing. And rate change is also above plan driven by cyber, as you can see, but also positive across all our divisions.

As we note, rate change is moderating across some lines, and it is quite a dynamic market. So we're not formally updating our full year growth guidance, but we are pleased with

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot