Beazley up 6% after $175mn-$275mn loss estimate

Beazley shares rose 6 percent in early trading this morning
after the firm warned the combined losses from hurricanes Harvey,
Irma and Maria could shave $150mn off 2017 earnings.
The Lloyd's carrier forecast losses from the storms and the
recent Mexico earthquakes at $175mn to $275mn in a stock exchange
filing today.
"The company is holding substantial catastrophe margins and
estimates that at the midpoint these losses would reduce 2017
earnings by approximately $150mn," Beazley said.
The compan