Credit Suisse assigns outperform rating to Beazley

Credit Suisse has highlighted Beazley as its preferred
London-listed Lloyd's carrier, as it initiated coverage of the
firm alongside rival Lancashire.
In a note published today, Credit Suisse analyst Paris
Hadjiantonis gave Beazley an outperform rating, citing the
insurer's exposure to the growing cyber insurance market in the
EU and US.
"Among the Lloyd's insurers we prefer Beazley not only
due to its attractive profitability but also because of its unique
opportunity to continue growing its sp