Syndicate Business Forecast

Beazley Group PLC 29 June 2006 2007 2623/623 Syndicate Business Forecast London, 29 June, 2006 - Beazley announces that it expects syndicates 2623/623 to increase its level of capacity by £30m for 2007 to £860m. A presentation to the capital providers of syndicate 623 regarding the 2007 623 business forecast will be held today. Ends For further information, please contact: Beazley Group plc Arthur Manners T +44 (0)20 7667 0623 Notes to Editors Beazley Group, plc (BEZ.L), founded in 1986, is the parent company of specialist insurance businesses with operations in the UK and the United States. Beazley manages two Lloyd's syndicates (Syndicate 2623 and Syndicate 623) with aggregate underwriting capacity in 2006 of £830m ($1.46bn). Both syndicates are rated A by A.M. Best. The Beazley syndicates focus on specialist risk business in selected markets, including professional indemnity, commercial property, marine, reinsurance, and personal lines. Beazley is a market leader in many of its chosen segments, such as professional indemnity insurance for US law firms and for US architects and engineers. Beazley is quoted on the London Stock Exchange. In the United States, Beazley's underwriters focus on writing specialist insurance products in the admitted market, backed by Beazley Insurance Company, Inc., a US admitted carrier in all 50 states; and surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley Insurance Company is rated A- by A.M. Best. Beazley's website address is: www.beazley.com This information is provided by RNS The company news service from the London Stock Exchange

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