Beazley Shares Jump After Agreeing to £8bn Takeover by Zurich Insurance Group

Beazley, the London–listed specialist insurer best known for its cyber insurance and Lloyd’s of London footprint, saw its Beazley shares surge sharply after the company reached an agreement in principle with Zurich Insurance Group on the key terms of a takeover worth around £8 billion. The news electrified the stock market, boosting investor confidence in both the insurance sector and UK equities broadly, even as other areas such as technology stocks faced pressure from AI‑related concerns.