Change of Auditor

RNS Number : 2291V

Beazley PLC

20 July 2018

 

Beazley plc

London, 20 July 2018

CHANGE OF AUDITOR

Following a formal tender process, Beazley plc ("the Company") is pleased to announce the appointment of EY as its new auditor with effect from the year commencing 1 January 2019. EY will conduct the audit of the Company's financial statements for the financial year ending 31 December 2019. The appointment is subject to approval by shareholders at the next Annual General Meeting of the Company, to be held in 2019.

KPMG will resign as auditor of the Company following completion of the 31 December 2018 audit. They did not participate in the tender process due to the rules on the mandatory rotation of auditors.

For further information please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 million. All Lloyd's syndicates are rated A by A.M. Best. 

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

 

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