Zurich to acquire specialty insurer Beazley for £8.1bn
- Location
- 🇨🇭 Switzerland / United Kingdom
- Sector
- Finance / Insurance
- Organisations
- Zurich Insurance Group ↔ Beazley
- Transaction
- Acquisition (100%)
- Volume
- £8.1bn
- Status
- completed
Zurich made a public cash proposal for Lloyd's insurer Beazley on 19 January 2026, which the board initially rejected; after improvements the two sides agreed on 1,310 pence per share, about £8.1bn (Insurance Business UK, 20 January 2026). Update (7 July 2026): the European Commission cleared the deal as case M.12434 (European Commission, Daily News, 7 July 2026). Update (1 October 2026): Zurich has completed the takeover (Insurance Business UK, 1 October 2026).
Source: insurancebusinessmag.com ↗ · Archived copy ↗
Further sources: insurancebusinessmag.com (1 Oct 2026) ↗ (Archived copy ↗) · ec.europa.eu ↗ (Archived copy ↗)
Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?
More from: 🇨🇭 Switzerland · 🇬🇧 United Kingdom