Deadline extended for Zurich’s Beazley bid
Zurich has been granted more time to make its formal £8bn bid for Beazley with the deadline pushed back to 5pm on 4 March.
The original deadline was 5pm on 16 February and the extension has been granted by the Takeover Panel of the London Stock Exchange.
In the latest update today, Beazley detailed that the due diligence ahead of a binding offer is progressing as planned.
RelatedZurich reaches agreement with Beazley over potential £8bn takeoverZurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid.
“The parties are simultaneously discussing the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Aviva takes Myles from Gallagher as branch manager in expanded South East role
Aviva has swooped for Kerry Myles from Gallagher as branch manager for the South East, starting in the role on 16 March.
Hiscox launches technology graduate programme
Hiscox has launched a technology graduate programme to attract and develop the next generation of tech talent.
MGAA relaunches enhanced core training for members
The Managing General Agents’ Association has relaunched an enhanced core content programme of learning and insights.
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
Bravo targets reseeding the industry and adds insurers to digital trader
Bravo Networks is set to add two insurers to its digital trader platform by then end of the month and has highlighted there is a gap in the market to reseed the industry to make “independent regional brokering thrive”.
People Moves: 9 – 13 February 2026
Follow the latest personnel moves in insurance.
Top 100 UK broker TL Dallas appoints new group CEO
Tim Mortimer has been promoted to group CEO at TL Dallas as the broker’s fourth-generation family member Polly Staveley moves into an executive chair position.
Euna launches care sector recruitment scheme
Specialist managing general agent Euna has launched a new care sector recruitment insurance scheme.