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Evening Standard
Evening Standard
Anna Wise

Zurich seals the deal to buy London-listed insurer Beazley for £8.1bn

Beazley Zurich London Insurance United Kingdom Lloyd
Zurich Insurance has unveiled a proposal to buy London-listed rival Beazley in a deal worth £7.7 billion. (Alamy/PA) -

Swiss insurance giant Zurich has agreed to buy rival Beazley for £8.1 billion after sweetening its bid for the takeover.

The companies said they had reached a deal that will create a global specialist insurance leader that’s based in the UK.

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