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The Latest Breaking News from Zurich

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

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

Evening Standard

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

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

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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

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

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

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

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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

Beazley shares hit record high after £7.7bn takeover approach from Swiss rival

Zurich Insurance offering £12.80 a share, up from an earlier and previously undisclosed approach on January 4 for £12.30.

Evening Standard

Under the Radar: Hidden Value Across the Atlantic – 3 Stocks to Watch

Here is what they are not talking about on CNBC right now.

Benzinga

Rangers have 'concrete' interest in winger and move ahead of loan club in queue

Rangers are one of the clubs said to be interested in Samuel Ballet after a loan from Como to FC Zurich

The National (Scotland)

Intel reports wave of high-severity GPU vulnerabilities — ten unique security vulnerabilities stemming from poor software hit range of graphics solutions

Intel has reported ten new GPU-related security vulnerabilities affecting drivers and graphics control software across a range of its GPU offerings this week. The announcement immediately follows announcements of a Spectre workaround from ETH Zurich.

Tom’s Hardware

Two-Time Champion Billy Horschel Forced To Withdraw From Zurich Classic Of New Orleans

Two-time winner Billy Horschel was forced to pull out of the Zurich Classic of New Orleans due to what he called a "lower body injury"

Golf Monthly

Bogus injury claims account for bulk of fraudulent cases detected by insurer

Zurich said it is continuing to adapt and invest in technology to stay ‘one step ahead of fraudsters’.

Evening Standard

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The National (Scotland)

FC Zurich boss details Nikola Katic to Rangers transfer state of play

FC Zurich boss ‎Ricardo Moniz admits time is running out for Nikola Katic to complete a return move to Rangers.

The National (Scotland)

Katic branded 'very picky' by manager amid Rangers transfer return link

"Very picky" Nikola Katic is thought to be holding out for a dream transfer return to Rangers.

Fortune

How one of Europe’s largest insurers is trying to make waves with Gen Z

The 150-year-old insurer has weathered wars, pandemics, and natural disasters in its lifetime. Its next task: appealing to Gen Z.

The Independent UK

‘I didn’t put my autism diagnosis on applications’: How neurodivergent people are tackling job discrimination

Luke Gawthorn is one of the approximately three million people in the UK with autism, ADHD or dyslexia who say they have been discriminated against by a hiring manager because of their condition

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The Conversation

Climate change threatens Australian tourism more than is widely believed. Here’s why

Right now, Australia is one of the top five tourist destinations in the world, a distinction the World Economic Forum says it shares with only the United States, France, Spain and Japan.

The Guardian - AU

Almost 68% of Australia’s tourism sites at major risk if climate crisis continues, report says

Uluru, the Daintree and Bondi beach among locations that could be impacted if planet hits even 2C of warming by 2050

Fortune

How Zurich, one of Europe’s largest insurers, is making Gen Z a priority with TikTok and Instagram

The 150-year-old insurer has weathered wars, pandemics and natural disasters in its lifetime. It next task: appealing to Gen Z.

The Conversation

Australian contact sports’ next major concussion headache could come from insurance companies

Zurich Insurance Group promotes itself as “one of the world’s most experienced insurers”.

Ballotpedia

Economy and Society April 9, 2024: SEC pauses implementation of climate disclosure rules

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Guardian - UK

‘Stop insuring fossil fuel’: activists target London insurers in week of action

Marches, protests and sabotage attacks as City at forefront of global campaign against industry

The Guardian - UK

Big European insurers ‘underwrite 30% of US coal despite net zero pledges’

Lloyd’s of London, Zurich and Swiss Re among top 10 insurers of largest US coalmines, study finds

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