UPDATE 1-Beazley’s first-half profit hurt by rising U.S. interest rates
19 Jul UPDATE 1-Beazley’s first-half profit hurt by rising U.S. interest rates
Posted at 06:50h
in
News
by KMFSLLP
Lloyd’s of London insurer Beazley Plc
reported a 64 percent fall in its first-half pretax
profit on Friday, as its investment returns were hurt by the
impact of rising U.S. interest rates on its bond portfolio.
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