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Zurich Insurance to acquire UK’s Beazley for $11 billion

Zurich Insurance to acquire UK’s Beazley for $11 billion

by AIP Online Bureau | Mar 2, 2026 | International News, Non-Life, Reinsurance, Technology

“Together with Beazley, we will create the world’s ​leading Specialty underwriter, with around $15 billion of pro forma gross written premiums, exceptional underwriting ‌expertise ⁠and data capabilities, and leading access to global distribution,” said...
Zurich Insurance set to take over Beazley for $11 billion

Zurich Insurance set to take over Beazley for $11 billion

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance

Beazley’s board “has concluded that the financial terms of the proposal are at a level that it would be minded to recommend” to its shareholders, according to the joint statement. “Zurich looks forward to commencing its confirmatory due diligence on Beazley and...
Beazley rejects Zurich’s take over offer

Beazley rejects Zurich’s take over offer

by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“If it makes sense for our shareholders to do a transaction, then we’ll do a transaction,” Beazley Chief Executive Officer Adrian Cox said in an interview. “It just needs to be a Premier League price for a Premier League company.” London:Beazley Plc has rejected...
Zurich Insurance set to take over Beazley for $11 billion

Zurich Insurance offers $10 billion to buy UK insurer Beazley

by AIP Online Bureau | Jan 19, 2026 | Eco/Invest/Demography, International News, Non-Life

Switzerland’s Zurich said the offer it had gone public with on Monday was an improved bid, after Beazley’s management rejected on Friday its initial offer, made on January 4. LONDON: Zurich Insurance Group announced a 7.67 billion pound ($10.3 billion)...
Beazley hires a new parametric insurance head

Beazley hires a new parametric insurance head

by AIP Online Bureau | Jun 11, 2025 | International News, Non-Life, Reinsurance

Stefan Wunderlich,head of Parametric Insurance Beazley has a long-term commitment to the property market, having trebled the size of its property underwriting since 2022. This commitment has seen it build a strong position in the US E&S market, roll out specialist...
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