Zurich Insurance Group increased its stake in Beazley plc to 8.18% on September 4, 2026. The company disclosed the position via a Form 8 (DD) filing under the UK Takeover Code. This filing confirms Zurich as the official offeror in the formal takeover process for the specialist insurer. The group acquired 213,386 ordinary shares on September 3, 2026.
AM Best affirmed Zurich’s A+ (Superior) financial strength rating on the same day. The ratings agency included the pending Beazley acquisition in its latest assessment. Zurich expects to complete the $11 billion acquisition in the second half of 2026.