Zurich to acquire Beazley in landmark £8bn specialty insurance merger Insurance Following two previous rejections last month, Lloyd’s of London underwriter Beazley has confirmed in a joint statement on Wednesday morning that it has reached an agreement in principle with Zurich. The offer proposed by Zurich has a total value of 1,335 pence per share. This is composed of a 1,310p cash payment from Zurich and [...]
Lloyd’s of London’s Beazley again rejects Zurich’s £7.7bn takeover bid insurance Beazley, the prominent Lloyd’s of London underwriter, has unanimously rejected a 1,280p per share cash proposal from Zurich Insurance Group, which it says “materially undervalues” the firm’s future prospects. The board noted that this latest offer is actually lower than a 1,315p proposal Zurich made in June last year, which valued the firm at approximately [...]
Zurich makes £7.7bn play for Beazley after FTSE 100 firm rejected first offer insurance Zurich Insurance Group has launched its second public pursuit of Lloyd’s of London prominent underwriter Beazley with a revised proposal at 1.280 pence per share, valuing the firm at just under £8bn. At the start of the month, Zurich privately submitted a proposal to the Beazley board to acquire 100 per cent of the company [...]
Dolder Grand: Inside the Lionesses’ luxurious hotel for Women’s Euro 2025 June 24, 2025 If the Lionesses needed any extra motivation to defend their title at next month’s Women’s Euros to the bitter end then the thought of leaving their hotel for the tournament might just be it. Perched on top of a hill overlooking Zurich, the Dolder Grand is the very definition of luxury, boasting suites with views [...]
Over 50s and retirees want to work more, so long as it’s flexible April 28, 2023 A lack of flexible job opportunities is keeping over 50s out of the workforce and preventing retirees from returning to employment according to a survey. Insurance giant Zurich UK found nearly one in five UK adults over 50 were deterred from applying for new jobs because of a lack of flexible working opportunities. Timewise found [...]