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Zurich Insurance to acquire Beazley for $10.9 billion

PRIVATEAug 24, 2026about 4 hours ago

Acquiring Company

Zurich Insurance Group

Acquired Company

Beazley plc

Bouverie StreetInsuranceEmployee BenefitsInsurance

Description

Zurich Insurance Group is set to take over Beazley plc in a deal valued at $10.9 billion. The takeover, which requires court and regulatory approvals, offers Beazley shareholders 1,335 pence per share. As of August 2026, Zurich holds approximately 7.92% of Beazley shares, indicating strong acquisition momentum.

Company Information

Company

Zurich Insurance Group

About

Zurich Insurance Group is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Beazley plc?

Beazley plc was acquired by Zurich Insurance Group. The deal was reported on August 24, 2026. Zurich Insurance Group is a leading multi-line insurer that serves its customers in global and local markets. Zurich Insurance Group is privately held and operates in Insurance.

When did Zurich Insurance Group acquire Beazley plc?

Zurich Insurance Group's acquisition of Beazley plc was reported on August 24, 2026. Zurich Insurance Group is set to take over Beazley plc in a deal valued at $10.9 billion. The takeover, which requires court and regulatory approvals, offers Beazley shareholders 1,335 pence per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Beazley plc do?

Beazley plc is a specialty insurance and reinsurance company headquartered in London. It underwrites a diverse range of risks including cyber, liability, property, and marine. It is privately held, operating in Employee Benefits, and is based in Bouverie Street.

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