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    Beazley Group began life in 1986 as Beazley, Furlonge & Hiscox, which was bought out by Andrew Beazley and Nicholas Furlonge in 1992. Since then the company has grown steadily in terms of the risks we cover, the clients we serve and our geographic reach. Beazley today is a mature insurance business with a well diversified portfolio.

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    2015

    $2,525.6m Managed gross premiums

    $2,080.9m Group share

    • Entered into a reinsurance agreement with Korean Re
    • US underwritten premium grows by 21%
    • Cyber consortium launched at Lloyd's
    • Beazley welcomes its 1,000th employee globally

    2014

    $2,424.7m Managed gross premiums

    $2,021.8m Group share

    Construction Consortium extended to Lloyd’s Asia

    Middle East office opened to access local political risk and violence, terrorism, trade credit and contingency business

    Space and satellite insurance account started

    D&O Consortium launched at Lloyd’s

    Locally underwritten US business grows 19% to $537.0m

    2013

    $2,373.0m Managed gross premiums

    $1,970.2m Group share

    Construction Consortium launched at Lloyd’s

    Miami office opened to access Latin American reinsurance business

    Beazley Flight – comprehensive emergency evacuation – cover launched

    Beazley data breach cover extended in Europe. 1,000th breach managed

    Local representation added in Rio to develop Latin American insurance business

    2012

    $2,278.0m Managed gross premiums

    $1,895.9m Group share

    Expansion into aviation and kidnap & ransom markets

    Reinsurance division broadens access to South East Asia, China and South Korea business with local presence in Singapore

    Political risks & contingency expands into French market

    Superstorm Sandy $25-30bn

    2011

    $2,079.2m Managed gross premiums

    $1,712.5m Group share

    Expansion of Australian accident & health business through acquisition of two MGAs

    Launch of the Andrew Beazley Broker Academy

    Nick Furlonge, co-founder, retires as an executive member but becomes a non-executive of Beazley Furlonge Limited

    Beazley remains profitable in worst year ever for insured natural catastrophe losses

    Tohoku earthquake in Japan $37bn

    Floods in Thailand $16bn

    US tornadoes $15bn

    NZ earthquake $16bn

    2010

    $2,108.5m Managed gross premiums

    $1,741.6m Group share

    Andrew Beazley, co-founder of Beazley Group and chief executive until September 2008, dies at the age of 57

    Beazley changes functional and presentational currency to US dollars

    Beazley opens new office in Oslo

    Special purpose syndicate 6107 formed to grow reinsurance business

    Chile and NZ earthquakes $14bn

    Deepwater Horizon explosion triggers biggest oil spill in history

    2009

    $2,121.7m Managed gross premiums

    $1,751.3m Group share

    Raised £150m through rights issue to develop our business at Lloyd’s and in the US

    Acquisition of First State Management Group, Inc., a US underwriting manager focusing on surplus lines commercial property business

    Beazley plc becomes the new holding company for the group, incorporated in Jersey and tax resident in Ireland

    2008

    $1,984.9m Managed gross premiums

    $1,620.0m Group share

    Beazley opens new office in Munich

    Political risks & contingency group formed as new division

    Acquisition of Momentum Underwriting Management

    Accident & life formed as a new division

    US hurricane Ike $20bn

    2007

    $1,919.6m Managed gross premiums

    $1,561.0m Group share

    2006

    $1,762.0m Managed gross premiums

    $1,371.0m Group share

    Beazley in Hong Kong takes full ownership of APUA and renames it Beazley Limited

    Expansion of construction & engineering team into Singapore

    Beazley opens new office in Paris

    Lloyd’s active members: 2,211

    Capacity: £14.8bn

    Syndicates: 65

    2005

    $1,485.1m Managed gross premiums

    $1,015.6m Group share

    Beazley MGA started in the US

    Beazley acquires Omaha P&C and renames it Beazley Insurance Company, Inc. (BICI)

    US hurricanes Katrina, Rita and Wilma $101bn

    2004

    $1,374.9m Managed gross premiums

    $736.2m Group share

    Construction & engineering account started

    2003

    $1,148.7m Managed gross premiums

    $574.3m Group share

    D&O healthcare, energy, cargo and specie accounts started

    SARS outbreak in Asia $3.5bn

    2002

    $675.6m Managed gross premiums

    Flotation raised £150m to set up Beazley Group plc

    2001

    $431.6m Managed gross premiums

    Management buyout of minority shareholders

    EPL and UK PI accounts started

    Lloyd’s active members: 3,746

    Capacity: £11.3bn

    Syndicates: 122

    US 9/11 terrorist attack $20.3bn

    2000

    $256.1m Managed gross premiums

    1999

    $217.1m Managed gross premiums

    Marine account started

    European storms $12bn

    1998

    $168.8m Managed gross premiums

    Recall, contingency and political risks accounts started

    1997

    $128.4m Managed gross premiums

    APUA, based in Hong Kong, forms a strategic partnership with Beazley Furlonge

    Lloyd’s Reconstructionand and Renewal concluded

    1996

    $124.2m Managed gross premiums

    1995

    $135.2m Managed gross premiums

    Lloyd’s Reconstruction and Renewal introduced

    Lloyd’s active members: 13,062

    Capacity: £10.0bn

    Syndicates: 167

    1994

    $107.6m Managed gross premiums

    Corporate capital introduced to Lloyd’s

    US Northridge earthquake $12.5bn

    1993

    $101.4m Managed gross premiums

    Total Beazley syndicates’ capacity

    UK Bishopsgate explosion $750m

    1992

    $58.8m Managed gross premiums

    Commercial property account started

    US hurricane Andrew $17bn

    1991

    $42.5m Managed gross premiums

    Lloyd’s active members: 26,539

    Capacity: £11.1bn

    Syndicates: 354

    1990

    $29.5m Managed gross premiums

    European storms $10bn

    1989

    $24.1m Managed gross premiums

    1988

    $24.7m Managed gross premiums

    1987

    $22.1m Managed gross premiums

    UK windstorms $3.5bn

    1986

    $13.4m Managed gross premiums

    Lloyd’s active members: 28,242

    Capacity: £8.3m

    Syndicates: 370

    Began trading at the ‘old’ 1958 Lloyd’s building in 1986

    Beazley Furlonge & Hiscox established and takes over managing Syndicate: 623

    Specialty lines and treaty accounts started

    30 years of beautifully designed insurance