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BUZZ-Beazley: shares climb to life-high on robust H1

Reuters - UK Focus

** Shares (Frankfurt: DI6.F - news) in British insurer Beazley (LSE: BEZ.L - news) jump to all-time high after co reports PBT ahead of analysts' expectations

** Stock top gainer on FTSE-350 Non-Life Insurance Index

** Co's H1 gross premiums written rise 2 pct to $1.09 billion

** Beazley, whose main focus has been growing in the U.S., posts increase of 25 pct in premiums generated by its U.S. underwriters

** Shore Capital says Beazley's return on equity of 20 pct backed by a combined ratio of 86 pct is one which many of co's peers will struggle to match

** Shares of Lloyd's insurers have seen a surge driven by expectations of M&A (aashika.jain.thomsonreuters.com@reuters.net)