Zurich Insurance to acquire Beazley

In a deal months in the making, Zurich Insurance Group has signed an agreement to acquire Beazley, the London-based specialist insurer. The transaction is valued at 8.1 billion GBP (10.9 billion USD).

The Boards of Directors of both companies have approved Zurich Insurance’s cash tender offer to acquire 100% of Beazley’s share capital.

The transaction is expected to close in the second half of 2026.