ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

BEZ Beazley Plc

658.50
-7.00 (-1.05%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Beazley Investors - BEZ

Beazley Investors - BEZ

Share Name Share Symbol Market Stock Type
Beazley Plc BEZ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-7.00 -1.05% 658.50 16:35:26
Open Price Low Price High Price Close Price Previous Close
663.50 655.00 671.00 658.50 665.50
more quote information »
Industry Sector
NONLIFE INSURANCE

Top Investor Posts

Top Posts
Posted at 15/3/2022 18:27 by medieval blacksmith
Material events would have to be reported. None have been reported. If they are liable then that is what the float is for. Rates will harden. Russians will hack further.

Somebody is frightening fickle investors me thinks.

Added today.
Posted at 27/7/2021 17:27 by medieval blacksmith
tournesol

Most insurance requirements are unique from the client's perspective but that doesn't make it unique from the insurer. A client can take its insurance needs to many companies in this space and get a quote for cover and eventually it will come down to cheapest quoted price versus confidence in claims delivery. If you offer a bespoke service then the more bespoke it is the more expensive your cost base is going to be. I think as investors we should be very careful not to take on the wishful thinking that insurance companies would like us to take at face value in that they sell unique product and that it is bespoke and therefore has durable competitive advantage and healthy margins. If the sector is witnessing healthy margins and excellent growth then it will, without a doubt, move towards commoditisation - like for example when hedge funds bundled into reinsurance. At the end of the day the competitive advantage (or not) with the likes of Beasley will be accuracy of their risk management in delivering the quote and not in the fact they have a unique product - which they don't.
Posted at 24/7/2021 11:03 by ianb5004
Featured in investors Chronicle yesterday with buy recommendation
Posted at 14/5/2021 07:35 by ttny2004
I agree. Frustrating to say the least.Did you join the Q1 investors update call at 8am yesteday? Was interesting mainly Q&A.Nothing bad but clarified many points.Was a bad day overall in markets yesterdayDue to inflation fears in US and potential US interest rate increases in US . All based on fear and no policy decisions. Markets recovered strong in US yesterday.Means UK markets should bounce this morning. Asia markets performed well overnight. Be interesting to see how BEZ performs? Ridiculous share price Be nice to see directors buying showing their confidence.
Posted at 13/5/2021 07:42 by ttny2004
Q1 update out. Seemed positive with premium rates of 16% increase on renewals well ahead of management expectations. Also no unexpected exposures and explicitly states negligible exposure to Ever Given incident.Adrian Cox, Chief Executive Officer, said:"We have had a positive start to the year with good rate momentum that is well ahead of our expectations as well as continued strong targeted growth. We expect favourable market conditions to continue and are well positioned to take advantage of them given our capital surplus remains within our preferred range."Investors call at 8am will be interesting to listen to. Link in results announcement.
Posted at 23/2/2021 13:48 by krutt
(Investors Chronicle) Insurer Beazley had a difficult 2020 owing to a “deteriorating claims environment” and weak investment returns. Full year numbers “spelled this out in black and white”, but it wasn’t all bad news. The results defied the “gloomiestR21; of forecasts. And because it cancelled its dividend last year, its surplus capital is sitting at a comfortable $476m, ensuring that claims will be covered comfortably. There is scope for an increase in premiums of between 15% to 20% in 2021. The firm’s recovery has been faster and stronger than the market was predicting, but it remains undervalued. Buy. 361p.
Posted at 11/2/2021 09:53 by blackdown2
Agreed. Good prospects here for the patient investor.
Posted at 05/2/2021 08:13 by alex1621
Just to clarify, I'll show the actuals and then what RBC estimates were. These were taken from an article in the Investors Chronicle on 7 Jan 2021.Actual loss before tax = ($50.4m)Actual eps = (6.3p)Actual gross premium written = $3.56 billion, up 19%.RBC forecastLoss before tax = ($80m)EPS = (11.8p)Gross premium written = 3.46 billion.And dividend payments in 2021, so reinstated.
Posted at 05/2/2021 07:58 by alex1621
Looks like the loss before tax and negative eps is lower than the estimate of RBC quoted in the last Investors Chronicle update, added to that 19% premium increase is greater than the previous update of 16%. I'm no expert in insurance but on the face of it the result is better than feared. I've no idea what that means for share price
Posted at 12/12/2018 10:23 by schofip
This from RBC Capital Markets:

We expect the European insurance sector to outperform the market in 2019. An increase in underlying customer demand with little change in supply should increase insurers’ pricing power, leading to growing earnings.
Investors can be assured by a highly prudent solvency regime which keeps balance sheets strong and high-yielding dividends safe.
Top Picks – Aviva, Beazley, Just Group, Legal and General . Outperforms – Ageas, Direct Line, Lancashire, Munich Re, Phoenix, RSA. UK life – limited Brexit risk creates buying opportunity. The subsector has underperformed due to the uncertainty caused by Brexit, but even in a No Deal scenario, solvency and growth are only dented.
We see bulk annuities as the best structural growth opportunity in the sector — there is significant latent demand which is independent of economic growth and the prospect for large reserve releases due to slowing life expectancy.
The yields are highly attractive and dividends are extremely safe.

Your Recent History

Delayed Upgrade Clock