Insurer
‘Softening’ of language offers Zurich hope over Beazley deal, say analysts after latest bid rejection
The sixth time could be the charm and a Zurich takeover of Beazley is still possible, according to analysts at Jefferies who have put forward a potential top price of 1,408 pence per share.
Beazley reveals it rejected higher £8.4bn Zurich proposal in 2025 as it dismisses latest approach
Lloyd’s insurer Beazley’s board has rejected Zurich’s recent £7.67bn takeover proposal, revealing it dismissed a higher offer valuing it at £8.4bn in June 2025.
Intact to increase access to underwriters with trading proposition roll-out
Intact Insurance has a newly launched broker proposition Intact Trading, designed to increase visibility of underwriters and create a relationships-led approach to UK regional business.
Zurich trying to ‘bear hug’ Beazley, says investment advisory firm
“Zurich is clearly trying to ‘bear hug’ Beazley. They obviously think they are offering a price that is high enough for target shareholders to put pressure on the company to sell itself.”
Beazley board ‘not yet had the chance to consider’ £7.67bn Zurich takeover proposal
The board of Beazley has responded to Zurich’s bid confirming it has not had time to consider the improved offer having rejected a previous approach.
Zurich ups Beazley bid after offer rejected for ‘significantly undervaluing’ target
Zurich has submitted an improved proposal to the board of Beazley worth 1280 pence a share, valuing the insurer at £7.67bn.
Amiga Specialty adds IGI and Lloyd’s capacity to ‘core strategic growth area’
Amiga Specialty has secured capacity for its UK and European Transactional Risks team, supported by IGI and Lloyd’s, in its second expansion of the month.
Lloyd’s recruits Bichard from PwC as CFO
Lloyd’s has named Jim Bichard as chief financial officer to start in the role this April succeeding Alexandra Cliff who will be leaving to pursue other opportunities.
Biba to open AI Academy
The British Insurance Brokers’ Association is working with Markel to offer an AI Academy for the trade body’s members.
US cyber specialist promotes UK boss to chief commercial officer
Cowbell has promoted Simon Hughes to chief commercial officer stepping up from being senior vice president of global distribution and general manager of the UK.
Aviva brings charity activities in Community Fund and Foundation together
Aviva has unveiled a simplified structure for its charitable activity bringing together the Aviva Community Fund and its previous grant-making programme, the Foundation, into a single offering.
Axa UK recruits Dunn from Zurich to replace retiring commercial CUO Ovenden
Axa UK Commercial has recruited Zurich’s Caroline Dunn as chief underwriting officer to replace the retiring incumbent, David Ovenden.
Markel launches life science combined
Markel has launched life science combined created specifically for SMEs operating in the sector.
Video Q&A: Arch’s Mark McGrady on the importance of getting to know customers in the emerging liability space
In this video – the last in a three part series – Mark McGrady, liability underwriting manager, UK regions, Arch discusses the opportunities in the emerging liability space.
QBE gets ready to launch into media PI
QBE is preparing to launch into the media professional indemnity market and has recruited two underwriters ahead of rolling out the product.
Nexus buys medical tourism specialist MGA
Brown & Brown-owned managing general agent Nexus Underwriting has bought Sure Insurance Services, a provider of specialist solutions for the medical tourism industry.
People Moves: 5 – 9 January 2026
Keep up to date with the latest personnel moves in insurance.
CFC extends ‘flagship’ SME cyber cover
CFC has launched a customer business interruption extension to its ‘flagship’ cyber proactive response cover for SMEs.
UK & Ireland CEO Stephanie Ogden leaves HDI for Munich Re
Stephanie Ogden, CEO of HDI Global UK & Ireland, will leave on 31 January ahead of joining Munich Re on 1 March.
Motor MGA KGM boosts Zurich deal to £2bn+ over five years
KGM has renewed its capacity deal with Zurich for a further five years tapping into backing for over £2bn in gross written premium, Insurance Age can reveal.
Axa Commercial CEO Walker to head retail arm on interim basis after Zweibrucker exit
Axa has confirmed that its UK commercial CEO, Jon Walker, has also taken interim control of its retail business while it finds a replacement for the former incumbent, Alain Zweibrucker.
Home premiums flatten in Q4 – Pearson Ham
Combined home buildings and contents premiums slipped marginally in the fourth quarter of 2025 but the nearly flat results signalled a significant shift from the sharper cuts earlier in the year, according to the latest research by Pearson Ham.
Aon’s Andersen to replace Zaffino as AIG CEO
AIG has announced that group chairman and CEO Peter Zaffino intends to retire and transition to executive chair by mid-year.
Coalition UK expands footprint
Cyber insurer Coalition has expanded its ability to deliver cover to organisations based in the Isle of Man, Jersey, Guernsey, the remaining Channel Islands, and Gibraltar.