Beazley raises £247m to expand after pandemic subsides

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Beazley raises £247m to expand after pandemic subsides

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Lloyd's of London in the City of London as the the world's largest insurance market, said that the coronavirus crisis will cost it as much as the September 11 attacks, or all the hurricanes of 2017 combined. | Stefan Rousseau/PA

London insurance underwriter Beazley plc completed a £247m growth capital raising on Tuesday to position itself for expansion once the pandemic subsides, and to shore up its balance sheet.

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