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Beazley PLC Capital/Financing Update 2013

Feb 7, 2013

4823_rns_2013-02-07_daf30442-c245-43cd-8199-9acf20fc6f2f.html

Capital/Financing Update

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National Storage Mechanism | Additional information

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RNS Number : 3211X

Beazley PLC

07 February 2013

Beazley plc

Dublin, 07 February 2013

Statement re possible offer of bonds

Beazley plc has appointed Lloyds Bank and Numis Securities to arrange meetings with retail stockbrokers and wealth managers to discuss a possible sterling denominated retail bond issue under its £250,000,000 Euro Medium Term Note Programme. An offer of bonds may follow, subject to market conditions.

For further information, please contact:

Beazley plc

Sian Coope

+353 (0)1 854 4700

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia.  Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9 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

This information is provided by RNS

The company news service from the London Stock Exchange

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