Reinsurance News
Beazley news
News on Beazley, the London-market headquartered specialty insurance and reinsurance company.
Beazley rejects latest Zurich proposal on the basis it ‘materially undervalues’ the firm
22nd January 2026
Specialist insurer Beazley has confirmed that its Board of Directors has unanimously rejected Zurich's cash proposal of 1,280 pence per share, stating that it "materially undervalues Beazley and its longer-term prospects as an independent company." The decision from Beazley comes after a detailed evaluation of the January 19th proposal by ... Read the full article
Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation
21st January 2026
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article
Zurich reportedly planning Lloyd’s syndicate in case Beazley deal fails
21st January 2026
Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is preparing to launch a syndicate at the specialist Lloyd's insurance and reinsurance marketplace, as the carrier awaits a response from its latest proposal to acquire London-headquartered Beazley. On Monday, Zurich ... Read the full article
Zurich submits improved proposal to acquire 100% of specialist insurer Beazley
19th January 2026
Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter's Board rejected a previous proposal they felt significantly undervalued the firm. On January 4th, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley share to ... Read the full article
Beazley’s new Bermuda entity receives PCA from AM Best
14th January 2026
AM Best has assigned a Preliminary Credit Assessment (PCA) to Beazley Bermuda Insurance Limited (BBIL), the London-headquartered specialist insurer and reinsurer’s new Bermuda entity. BBIL received a Financial Strength Assessment of A pca (Excellent) and a Long-Term Issuer Credit Assessment of “a+” pca (Excellent), with a stable outlook on the PCA. Readers ... Read the full article
Beazley appoints CUO Paul Bantick to Board
18th December 2025
Beazley’s Board has appointed Paul Bantick, the firm’s Group Chief Underwriting Officer, as an executive director, effective 1 January 2026. Bantick currently leads the strategic direction of Beazley’s specialist underwriting portfolio, ensuring close alignment between the group’s growth ambitions and underwriting discipline. He oversees a broad range of insurance classes, spanning property ... Read the full article
Beazley appoints Nat Cross as Head of Digital Follow Underwriting
16th December 2025
Specialty insurer Beazley has announced the appointment of Nat Cross to the newly created role of Head of Digital Follow Underwriting, effective 1st February 2026. Since the launch of its dedicated follow syndicate, Smart Tracker 5623, in 2018, Beazley has successfully developed its follow underwriting capabilities. With the fast follow environment rapidly ... Read the full article
Beazley closes $300m cyber catastrophe bond
15th December 2025
Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under PoleStar Re Ltd. It means that as of today, the insurer has $670 million in ... Read the full article
Insurance must evolve as data centres face rising risks: Beazley’s Tim Turner
12th December 2025
Tim Turner, Group Head of MAP (Marine, Accident & Political) Risks at Beazley, stated that data centres are increasingly targets for protest and disruption, highlighting the need for insurance to evolve into a strategic enabler that helps organisations protect assets, maintain operations, and seize opportunities amid uncertainty. Turner noted that geopolitical ... Read the full article
Beazley expects new Bermuda platform to deliver ~$400m premium by 2030
25th November 2025
Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees "strong growth trajectory" for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley announced plans to establish a presence in Bermuda in early 2026, subject to regulatory approval, with $500 ... Read the full article
Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO
25th November 2025
Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today that within its cyber risks division, premiums are down 8% for 9M'25 from 6% at ... Read the full article
Beazley reveals new Bermuda platform as 9M’25 premiums rise
25th November 2025
As specialist insurer Beazley announces a solid set of results for the first nine months of 2025, albeit with muted 1% year-on-year growth in insurance written premiums, the London headquartered firm has also unveiled a new Bermuda platform to support growth from 2026. Beazley will invest $500 million to build out ... Read the full article
Beazley Security expands availability of Security Posture Reports
5th November 2025
Beazley Security, a wholly-owned subsidiary of Beazley Insurance and an integrated cyber risk management firm, is aiming to reduce risk with the expanded availability of its Security Posture Reports (SPRs). The process includes the automated discovery, passive scanning, and analysis of externally exposed assets. This helps organisations understand the state of their ... Read the full article
Insurance, a growth enabler for resilient businesses in an increasingly fragmented world: Beazley
21st October 2025
While a majority of global executives feel the risk environment is high, a significant and growing number are viewing resilience not as a defensive shield, but as a strategic path to growth, Beazley’s ‘Spotlight on Geopolitical & Economic Uncertainty 2025’ report revealed. The global business landscape is more volatile and unpredictable ... Read the full article
Geopolitical uncertainty, supply chain disruption & inflation, top risks for business leaders: Beazley
23rd September 2025
In today's fast-changing global environment, there has been a sharp and rapid shift in how global leaders are prioritising risk, with geopolitical uncertainty, supply chain disruption and inflation becoming top concerns, a recent Beazley survey revealed. This new risk perception marks a significant change from seven months prior, in January 2025, ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
