Mar 04, 2025 / 10:00AM GMT
Adrian Cox - Beazley PLC - Chief Executive Officer, Executive Director
Okay. Good morning, everyone. First of all, please enjoy your party favors that we have provided this morning. It's a reward for turning up. For those of you who are dialing in online, unfortunately, we will not be able to send you a bag. But thank you for dialing in.
Unfortunately, as is always the way, I seem to have picked up a cold in the last couple of days. So if I have to sneeze, please excuse me. And I'll try to make sure I mute myself before I do so. But I'm delighted to welcome you to our results presentation, following what's been record profits for the second year in a row with profits of just over $1.4 billion which allows us to return $700 million to shareholders this year through an increase in our dividend and the share buyback program this year of $500 million.
It has been another challenging year for the industry and a more normalized attritional loss ratio for us in the second half of the year, alongside an active hurricane season as well as a number of systemic cyber events. But even with all this
Full Year 2024 Beazley PLC Earnings Call Transcript
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