Beazley Plc operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Beazley Plc with three other
insurance companies in Europe:
Gjensidige Forsikring ASA
of NORWAY
(2020
sales of 29.24 billion Norwegian Kroner [US$3.42 billion]
of which 32%
was General Insurance - Private),
Topdanmark A/S
of DENMARK
(22.26 billion Danish Kroner [US$3.61 billion]
of which 49%
was Life Insurance), and
Tryg A/S
which is
also
based in DENMARK
(22.55 billion Danish Kroner [US$3.65 billion]
of which 57%
was Private).
Sales Analysis.
During the year ended December of 2020, sales at
Beazley Plc were £2.25 billion (US$3.14 billion).
This
is
an
increase of 9.3%
versus 2019, when the company's sales were £2.06 billion.
This was the fifth consecutive year of sales increases at Beazley Plc
(and since 2015, sales have increased a total of 92%).
Sales of Marine saw an increase
that was more than double the company's growth rate: sales were up
25.7% in 2020, from
£191.77 million to £241.09 million.
Beazley Plc also saw significant increases in sales in
Cyber and Executive Risk (up 14.8% to £652.72 million)
.
Not all segments of Beazley Plc experienced an increase in sales in 2020:
sales of Political Risk and Contingency fell 10.3% to £176.80 million.
Beazley Plc also experienced decreases in sales in
Property (down 3.1% to £299.59 million)
and
Reinsurance (down 3.3% to £106.70 million)
.