Swiss insurance giant Zurich has struck an £8 billion deal in principle to buy UK rival Beazley. Zurich said it will pay £13.10 in cash per share for the London-listed specialist insurer, with ...

Zurich Insurance ZURN-0.65%decrease; red down pointing triangle and Beazley BEZ-0.16%decrease; red down pointing triangle agreed on an improved takeover bid valuing the U.K. cyber insurer at around ...

Following two previous rejections last month, Lloyd’s of London underwriter Beazley has confirmed in a joint statement on Wednesday morning that it has reached an agreement in principle with Zurich.

Zurich said it will pay £13.10 in cash per share for the London-listed specialist insurer, with shareholders also set to receive a 25p dividend. Zurich Insurance has unveiled a proposal to buy ...

In a joint statement this morning (4 February 2026), Zurich and Beazley confirmed that they had reached an agreement in principle on the key financial terms of a possible recommended cash offer. Under ...

Zurich Insurance Group has revealed it owns a stake worth about £100million in a London-listed rival it is trying to buy. In a filing under City takeover rules, the Swiss giant revealed it has a 1.47 ...

The deal will provide a $2 billion boost to Russell’s retail and wealth funds under management (FUM), pushing it to $11 billion, and accelerate the growth of its wealth management business in ...

The manual transmission is an endangered species, and the proliferation of EVs (at least, until recently) probably means the end is near. Or is it? Last week, both Toyota and Subaru published patents ...

The bid was £7.7bn ($10.3bn) as of 19 January 2025, which would make it one of the largest insurance acquisitions ever completed. It is unclear whether Beazley will accept the deal at this point, as ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If anyone should know the importance of being a stickler for detail, it is insurance executives. But Zurich’s ...

Cyber insurer Beazley BEZ0.90%increase; green up pointing triangle said it turned down a fifth takeover offer from Switzerland’s Zurich Insurance ZURN 0.17%increase; green up pointing triangle that ...

Improved proposal represents a 56% premium to Beazley’s closing price of 820 pence Dubai: Zurich Insurance Group said on Monday it had raised its offer to acquire British specialty insurer Beazley to ...