UK insurer Beazley agrees £8 billion takeover by Swiss rival Zurich

NAMPA / DPA

2026-02-04

London (PA Media/dpa) - Swiss insurance giant Zurich has struck an £8 billion ($11 billion) deal in principle to buy UK rival Beazley. Zurich said on Wednesday it will pay £13.10 in cash per share for the London-listed specialist insurer, with shareholders also set to receive a 25p dividend alongside the deal. The proposed deal comes only two weeks after Beazley rebuffed a £7.7 billion takeover approach by Zurich. Beazley said: "The board of Beaz......

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