Insurer posts 15% profit rise after move to Ireland

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Insurer posts 15% profit rise after move to Ireland

February 10 2010

Specialist insurance company Beazley made a pre-tax profit of £100.7 million ($156 million) in 2009, up from £87.2 million in 2008, on which the company will pay just 12% income tax after it re-domiciled its holding company to Ireland.

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