Zurich to Acquire Beazley in $11B European Insurance Deal
Cyber Insurance Expansion Drives Insurance Industry Consolidation
Zurich Insurance Group has agreed to acquire U.K.-based Beazley in an $11 billion deal that would create a $15 billion global insurance powerhouse. The transaction strengthens Zurich's cyber insurance portfolio as demand surges for coverage tied to cyber and technology risks.
Zurich Insurance Group has agreed to acquire U.K.-based Beazley in an $11 billion deal that would create a $15 billion global insurance powerhouse. The transaction strengthens Zurich's cyber insurance portfolio as demand surges for coverage tied to cyber and technology risks.