Zurich Insurance Group AG disclosed a 7.53% stake in specialist insurer Beazley plc on August 10, 2026. The filing confirms Zurich’s status as an official offeror under the UK Takeover Code. Zurich is now pursuing a formal takeover of the London-based firm.
The group acquired more than 2.5 million ordinary shares on August 7, 2026. Purchase prices for the shares peaked at 1,293.50p. Zurich now controls a total of 45,337,793 shares in Beazley.