Directorate Changes

RNS Number : 4424T

Beazley PLC

29 March 2016

 

Beazley plc

Dublin, 29 March 2016

Directorate changes

Beazley plc announces that Padraic O'Connor, who has been a Beazley plc non-executive director since March 2009, has resigned from the board with effect from 24 March 2016.  Padraic O'Connor has also stepped down from the board of Beazley Re Designated Activity Company. 

Beazley's chairman Dennis Holt said "my colleagues and I are immensely grateful for the contribution that Padraic O'Connor has made as a non executive director throughout his tenure chairing both the remuneration committee and the board of our material subsidiary, Beazley Re."

There are no matters requiring disclosure under Listing Rule 9.6.13.

For further information, please contact:

Beazley plc

Sian Coope

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, Middle East and Australia. Beazley manages six Lloyd's syndicates and, in 2015, underwrote gross premiums worldwide of $2,080.9 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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