Zurich agreed terms on the all-cash acquisition on March 2, 2026, with Beazley shareholders entitled to receive 1,335 pence per share, comprising 1,310 pence in cash and a permitted dividend of 25 pence. The offer represents a premium of approximately 62.8% to Beazley’s closing price on January 16, 2026, valuing the transaction at approximately £8.1 billion. Beazley shareholders voted overwhelmingly in favor of the deal in April 2026, with 99.9% of votes cast in support. Completion remains subject to court sanction and further regulatory clearances, with closing expected in H2 2026.
