Zurich’s £7.7bn Beazley takeover bid goes public after board rebuff
London, 19 January 2026, 16:17 GMT Zurich Insurance Group revealed on Monday an upgraded all-cash bid for UK specialty insurer Beazley, offering 1,280 pence per share. The deal values Beazley at roughly £7.67 billion ($10.3 billion). Following the announcement, Beazley’s shares jumped over 40% in London. Reuters The move spotlights a niche in insurance: specialty coverage, where insurers tackle more…