This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Zurich Insurance Reaches Agreement for Beazley Takeover
February 5, 2026
Zurich Insurance has agreed on the key terms of a potential £8bn takeover of Beazley, after increasing its offer. The Swiss insurer raised its bid to £13.10/share, up from the £12.80/share proposal that was rejected last month. Including a potential dividend of up to 25 pence, the deal values Beazley at as much as £13.35/share. Beazley’s board said it would recommend the transaction if Zurich makes a firm offer on these terms. The takeover would significantly expand Zurich’s footprint in specialty insurance, particularly in high-growth areas such as cyber insurance, construction, energy, shipping and aviation risks. Zurich’s CEO Mario Greco highlighted Beazley’s strength in cyber coverage and its strategic benefits.
Zurich Insurance’s bonds traded stable with its 6.25% 2055s at 105, yielding 5.55%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
Sinopec Returns to the Dollar Bond Market for a Second Time in 2017
September 13, 2017
S&P Upgrades Yanlord by One Notch to ‘BB’
March 16, 2018
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.