Beazley PLC (FRA:2D7)
€ 7.8 -0.35 (-4.29%) Market Cap: 5.15 Bil Enterprise Value: 4.97 Bil PE Ratio: 5.58 PB Ratio: 1.44 GF Score: 70/100

Beazley PLC Analyst Call Transcript

Nov 09, 2020 / NTS GMT
Release Date Price: €3.42 (+2.52%)
Operator

Hello, and welcome to the Beazley Q3 Trading Statement Call. My name is Molly, and I'll be your coordinator for today's event. Please note that this call is being recorded. (Operator Instructions).

I would now like to hand the call over to your host, Andrew Horton, to begin today's conference. Thank you.

David Andrew Horton
Beazley plc - CEO & Executive Director

Good morning, everyone, and I have with me this morning Sally Lake, our CFO; and Sarah Booth, our new Head of Investor Relations. So what I'm going to do is pick up some of the highlights in the trading statement, and then we'll (technical difficulty)

So we've seen good growth in gross written premiums for the 9 months of 16%, and that's driven mainly by rate increases of 14%. And you can see that we've seen rate increases across every line of business. (technical difficulty) exposure growth because we have continued to take evasive action in the more recession-prone lines such as our employment practices liability.

The growth we believe will continue into 2021, where we're

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