Zurich Insurance
Zurich is a leading multi-line insurer servicing customers in global and local markets. We offer products and services for a diverse range of customers from small businesses to multinational corporations, as well as providing High Net Worth insurance. Our strategy focuses on delivering a great service through responsive trading, local expertise, digital innovations and strong customer-centric propositions, underpinned by our core values and commitment to a sustainable future.
Zurich claims top 3 market position with Generali GI arm swoop
Italian insurance giant Generali has reached an agreement to sell its Irish and Northern Irish general insurance operations to Zurich.
Hiscox recruits Jadav from Axa XL as UK CUO
Anish Jadav has been appointed UK chief underwriting officer at Hiscox, succeeding Ben Horton.
CFC sale rumours resurface
The private equity owners of cyber insurer CFC are exploring “strategic options” having appointed advisers, according to a report by Bloomberg.
Zurich UK trims COR again and profits rise further in 2025
Zurich UK achieved a combined operating ratio of sub 90% for property and casualty business with profits rising 21% in 2025 while premiums stayed stable.
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.
Brokers have mixed reaction on Zurich/Beazley deal
Insurance brokers have given a mixed response to the potential Zurich/Beazley deal highlighting the acquisition would create a “strong proposition” and could create opportunities but noted another competitor leaving the market as a medium-term worry.
Zurich reaches agreement with Beazley over potential £8bn takeover
Zurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid.
Beazley shares hit new high as Zurich reveals 1.5% stake in Lloyd’s target
Shares in listed Lloyd’s insurer Beazley hit 1,173 pence yesterday [2 February] after prospective suitor Zurich revealed it had acquired a 1.47% stake in the business as of 30 January.
‘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.
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.
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.
KGM boss doubles down on Zurich deal, eyeing ‘never-ending conveyor belt of opportunities’
Zurich has remained the sole capacity provider of KGM, as Ciaran Astin, managing director of the MGA, has targeted ramping up to £500m by 2030 through a “never-ending conveyor belt of opportunities”.
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.
End of Year Review 2025: Zurich Insurance’s Nikki Lidster
Nikki Lidster, head of SME at Zurich Insurance, reminisces about connecting with broker partners at the Biba Conference and promises if they want to get in touch with the business, they will get through to a skilled Zurich employee – never a bot.
Cardiff regional review: Competition not exterminated by consolidation
Insurance experts in Cardiff outline the diversifying businesses in the media and sporting hub city, and highlight the competitive nature of the market with one broker per village on the outskirts.
Zurich names former financial services leader as new ops chief
Zurich UK has appointed Paul Norcott as chief operations director, joining the executive committee with immediate effect.
Zurich signs five-year £350m specialist fleet capacity extension deal with Pen
Pen Underwriting has extended its capacity deal with Zurich, in a partnership that will enable the managing general agent to write more than £350m in premium over the next five years focusing on specialist fleet risks.