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Beazley forecasts costs of claims from 2018 California wildfires at $40m

Insurer Beazley announced Thursday flat year-to-date investment returns and estimated the cost of claims arising from the 2018 California wildfires was $40m, net of reinsurance.

Beazley's year-to-date investment return to 30 November 2018 was $27m, or 0.5%.

The insurer also said Christine LaSala would succeed George Blunded as Senior Independent Director from the AGM on 21 March 2019.

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