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Published on 03/04/2026 at 02:12 am EST - Modified on 03/04/2026 at 10:06 am EST
March 4 (Reuters) - British speciality insurer Beazley reported a 19% drop in annual pre-tax profit on Wednesday, amid a softening insurance rating environment and weak growth in its cyber insurance business.
The insurer, which agreed to an $11 billion takeover bid from Zurich Insurance this week, said its exposure to the Middle East conflict is limited as of now, with no material impact anticipated.
(Reporting by Yamini Kalia in Bengaluru; Editing by Sumana Nandy)
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