The Latest Breaking News from Zurich

Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover

Boss Adrian Cox said the company was knocked by ‘rapidly softening conditions’ in the specialist insurance market.

Evening Standard · Aug 5

The AI Boom Faces a New Problem: Extreme Weather Hitting Data Centers

Climate-related hazards, from extreme heat and flooding to tornadoes and wildfires, are becoming one of the biggest operational and financial risks facing the AI sector.

International Business Times · Jun 29

Under the radar: These less-than-stars have made an impact at the FIFA World Cup

The World Cup is showcasing unheralded players alongside global stars. Livano Comenencia scored Curacao's first World Cup goal. Boualem Khoukhi helped Qatar earn a point. Jovo Lukic netted the first World Cup goal in Canada. Elijah Just scored twice for New Zealand. Emam Ashour earned man of the match for…

The Economic Times · Jun 18

Zurich granted more time over potential £8bn Beazley takeover

A deadline for Zurich to make a formal takeover for rival Beazley has been extended into March.

The Independent UK · Feb 16

FTSE 100 tops 10,400 as Beazley and Entain soar

The FTSE 100 index closed up 87.75 points, 0.9%, at 10,402.34, a new record close.

Evening Standard · Feb 4

Insurer Beazley agrees £8 billion takeover by rival Zurich

Zurich said it will pay £13.10 in cash per share for the London-listed specialist insurer, with shareholders also set to receive a 25p dividend.

Evening Standard · Feb 4

Software sell-off over AI fears hits global stock markets, but FTSE 100 finishes at closing high on £8bn insurance takeover – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Feb 4

FTSE 100 Live 04 February: GSK milestone as index soars to new record, AI data jitters continue

GSK results today helped shares surge above 2000p for the first time in over two decades as the FTSE 100 index set a new intraday record.

Evening Standard · Feb 4

Beazley rejects £7.7 billion takeover tilt from Swiss insurance rival

Beazley said the proposal is lower than an approach made late last June for £13.15 a share, valuing Beazley at £8.4 billion.

Evening Standard · Jan 22

Trump’s tariff threats keep European stocks on back foot

Beazley was the FTSE’s star blue-chip performer surging 43% after Zurich Insurance said it has tabled a £7.7-bn bid for the London-listed insurer.

Evening Standard · Jan 19