Full Year 2023 Beazley PLC Earnings Call Transcript

Mar 07, 2024 / 08:45AM GMT
Adrian Cox - Beazley Group Ltd - Chief Executive Officer

Good morning, everyone, welcome to the Beazley annual results for the year 2023. I am Adrian Cox, the Group CEO; and I'm joined by Sally Lake on the right, our group CFO; and Bob Quane on the left, our CUO.

So here with the order of play. I'll take you through the highlights, and Sally will then go through some of the details from the financial performance, Bob will take us through the underwriting performance, I'll share our thoughts a little bit after that about how we think about long-term performance and give some guidance for this year for 2024, and then we'll move on to Q&A.

We have a hard stop at 10:00 for two reasons. I think one, some of us have to get to admiral for 10:15. And we also have a fire alarm test at 10:00. So two good reasons I think, to stop at 9:59. Please do read the disclaimer. And with that done, we'll move on to the results.

So a super set of results I think this year with record profits of $1.25 billion, which is over twice as much as our previous record profit with a combined ratio of 71%

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