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Zurich discloses interest in Beazley as takeover battle intensifies - 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 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 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 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 Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Zurich discloses interest in Beazley as takeover battle intensifies Mergers and Acquisitions , P/C Insurers Switzerland , United Kingdom Beazley , Zurich Feb 2, 2026 (Reuters) — Zurich Insurance Group disclosed a 1.47% interest in Beazley on Monday, days after the British specialty insurer rejected the Swiss group’s $10 billion takeover offer following multiple approaches. Zurich, Europe’s second‑largest insurer by market value, held about 8.9 million ordinary shares in Beazley as of January 30, a regulatory filing showed. The disclosure puts Zurich as one of Beazley’s top 20 shareholders, according to LSEG data. The British insurer last month rejected Zurich’s takeover offer, saying the 1,280‑pence‑per‑share bid materially undervalued it and was below a previously undisclosed 1,315 pence proposal — also turned down by Beazley last year. The British firm has seen its stock rise about 35% over the past 12 months, with a significant jump since Zurich’s offers were disclosed. Beazley’s market valuation currently stands at roughly 6.8 billion pounds ($9.29 billion). In response to a Reuters query on the stake, Zurich said it had “nothing to add” beyond the filing, while Beazley did not immediately respond to a request. Related News Tesla persuades court to slash legal fees in suit over director pay February 2, 2026 Liberty unit taps new aviation leader February 2, 2026 China considers $29B bond sale to recapitalize insurers February 2, 2026 Global reinsurers seek approval to operate in Indian hub February 2, 2026 Sukoon’s profit jumps 47% in 2025 February 2, 2026 SCOR expands cyber capacity for large firms February 2, 2026 Data centers biggest reinsurance opportunity: Report February 2, 2026 South Korean insurers’ profits drop 20% February 2, 2026 Regulator clears merger of two major insurers February 2, 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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