Beazley increases US capital

Beazley Group PLC
16 April 2007


Beazley increases capital in US business



London, UK, April 13, 2007 - Beazley Group plc (BEZ.L) has increased the capital
of its US admitted insurance company, Beazley Insurance Company, Inc., by $45
million, resulting in a total capitalisation of approximately $105 million.  The
additional funds will be used to support the growth of Beazley's business in the
US admitted market, including specialty professional and management liability
insurance and the newly launched commercial property business.   Beazley
Insurance Company, Inc. commenced underwriting in 2005.


ENDS



Note to Editors:


Beazley Group, plc (BEZ.L), based in London, is the parent company of global,
specialist insurance businesses with operations in the UK, US, France, Singapore
and Hong Kong.  Beazley manages two Lloyd's syndicates (Syndicate 2623 and
Syndicate 623) with aggregate underwriting capacity in 2007 of £860m (US$1.7bn).
Both syndicates are rated A by A.M. Best. In the US, Beazley's underwriters
focus on writing specialist insurance products in the admitted market, backed by
Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and
surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley
Insurance Company, Inc. is rated A- by A.M. Best.


Beazley is a market leader in many of its chosen lines including professional
indemnity, commercial property, marine, reinsurance, and personal lines.




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