Beazley increases 2014 interim dividend by 7%

DividendMax Ltd.

Beazley increases 2014 interim dividend by 7%

Beazley plc results for six months ended 30 June 2014

• Profit before income tax of $132.9m (2013: $82.3m)

• Gross written premiums increased by 1% to $1,077.7m (2013: $1,066.7m)

• Combined ratio of 90% (2013: 89%)

• Rate decrease on renewal business of 1% (2013: increase of 1%)

• Prior year reserve releases of $72.9m (2013: $60.8m)

• Investment returnof $46.8m (2013: $0.3m)

• Annualised return on equity of 17% (2013: 12%)

Interim dividend up 7% to 3.1p (2013: 2.9p)

Companies mentioned