Zurich has been granted more time to make its formal £8bn bid for Beazley with the deadline pushed back to 5pm on 4 March. The original deadline was 5pm on 16 February and the extension has been Read More
February 16, 2026
Tags :Beazley
Insurance brokers have given a mixed response to the potential Zurich/Beazley deal highlighting the acquisition would create a “strong proposition” and could create opportunities but noted another competitor leaving the market as a medium-term Read More
Zurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid. Under the terms of the proposal, Beazley shareholders would be entitled to receive Read More
Shares in listed Lloyd’s insurer Beazley hit 1,173 pence yesterday [2 February] after prospective suitor Zurich revealed it had acquired a 1.47% stake in the business as of 30 January. In a Public Opening Position Disclosure By A Read More
Zurich has submitted an improved proposal to the board of Beazley worth 1280 pence a share, valuing the insurer at £7.67bn. A previous proposal submitted on 4 January 2026, was worth 1230 pence per share, Zurich revealed today. On Read More
Beazley board ‘not yet had the chance to consider’ £7.67bn Zurich takeover proposal – Insurance Age Skip to main content End of drawer navigation content The board of Beazley has responded to Zurich’s bid confirming Read More
“Zurich is clearly trying to ‘bear hug’ Beazley. They obviously think they are offering a price that is high enough for target shareholders to put pressure on the company to sell itself.” That is the Read More
Lloyd’s insurer Beazley’s board has rejected Zurich’s recent £7.67bn takeover proposal, revealing it dismissed a higher offer valuing it at £8.4bn in June 2025. The latest offer of 1,280 pence per share announced on Read More
The sixth time could be the charm and a Zurich takeover of Beazley is still possible, according to analysts at Jefferies who have put forward a potential top price of 1,408 pence per share. Beazley’s Read More