Article ID: d3c43132a558cb1e25571fa4b47dddc28b47150a6f10684b3835230797e44937
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/zurich-stock-drops-after-beazley-financing-move/
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Zurich stock drops after Beazley financing move - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Zurich stock drops after Beazley financing move Mergers and Acquisitions , P/C Insurers Mar 3, 2026 (Reuters) – Zurich Insurance has raised 3.9 billion Swiss francs ($5 billion) in a share sale to partly finance the acquisition of specialty insurer Beazley, it said on Tuesday, sending shares in the group down sharply. The Swiss insurer has placed 7.1 million new shares with a par value of 0.10 francs per share at 550 francs per new share, it said in a statement, which will increase its share capital from 14.6 million francs to 15.3 million. The net proceeds will be used to partly finance the takeover of Beazley. The remainder of the consideration will be funded through existing cash and new debt facilities, it added. In morning trading, shares in Zurich Insurance were down 5.4% at 543 francs, their biggest daily loss since April and pushing them to the bottom of Switzerland’s blue-chip index. Zurich said the new shares are expected to be listed and admitted to trading on the SIX Swiss Exchange on or around March 5. Zurich said on Monday that Beazley shareholders had agreed to the terms of an £8.1 billion takeover bid, as the Swiss firm looks to expand its foothold in speciality insurance. Under the deal, Beazley shareholders would receive 1,335 pence per share, comprising 1,310 pence in cash and a dividend of 25 pence. Related News Zurich stock drops after Beazley financing move March 3, 2026 Zurich inks deal to buy Beazley for $10.8B March 3, 2026 Iran conflict to complicate insurance in region: Morningstar March 3, 2026 Fidelis to buy out founding investor for $163M March 3, 2026 Gulf airport crossfire prompts global flight suspensions March 3, 2026 Insurers’ earnings plunge 90% after convective storms March 3, 2026 Failed extortion attempt ends in massive data leak March 3, 2026 Iran conflict strands 150 ships, damages five tankers March 3, 2026 MS Re names Bruniecki as new CUO March 3, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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