Beazley predicts above-forecast 2017 earnings

Beazley is expecting pre-tax profits for 2017 to beat market
expectations, and to remain in the black at the combined ratio
level.
The London-listed insurer said today it expected to report a
combined ratio of 99 per cent for the year.
That represents a deterioration from 89 per cent in 2016 but is
1 point better than the "around 100 percent" combined
ratio Beazley predicted in November. Pre-tax profit in 2016 was
$293.2mn.The year-on-year deterioration in the combined ratio...