Reinsurance News
Beazley news
News on Beazley, the London-market headquartered specialty insurance and reinsurance company.
AI making security ‘noisier’ as vulnerability disclosures surge 36%: Beazley Security
18th August 2026
According to Beazley Security’s Q2 2026 Quarterly Threat Report, the widespread adoption of agentic AI for vulnerability research drove a 36% quarter-over-quarter increase in newly disclosed vulnerabilities, while the methods attackers used to breach organisations remained largely unchanged. “The headline this quarter is that AI made the security industry's job noisier ... Read the full article
Beazley maintains underwriting discipline in H1’26 amid softer market conditions and active loss environment
5th August 2026
Beazley has reported H1 2026 profit before tax of $237.7m, down 53% from $502.5m in the same period of 2025, as the specialty insurer navigated rapidly softening market conditions and a return to a more active large-loss environment. The firm said disciplined underwriting and proactive portfolio management helped it maintain resilience ... Read the full article
Beazley appoints Paul Ramiz as Parametric Underwriter
17th July 2026
Beazley, a large specialist insurer, has announced the appointment of Paul Ramiz as Parametric Underwriter. In his new role, Ramiz will support the global development of Beazley’s parametric insurance offerings and help deliver alternative risk transfer solutions for clients. He brings extensive experience in alternative risk transfer solutions and will help further ... Read the full article
European Commission approves Zurich’s acquisition of Beazley
9th July 2026
Under the EU Merger Regulation, the European Commission has approved the acquisition of sole control of London-headquartered specialist insurer Beazley by global insurer Zurich Insurance Group Ltd. The Commission concluded that the notified transaction would not raise competition concerns, given the companies' limited market positions. The notified transaction was examined under ... Read the full article
Economic uncertainty stalling US energy transition investment: Beazley
29th June 2026
73% of US executives say economic uncertainty is hindering investment in the energy transition, according to Beazley’s latest Spotlight on Energy Transformation 2026 finds. This comes as escalating tensions in the Strait of Hormuz are heightening energy security fears, while the rapid growth of energy-intensive technologies underscores the pressing need for ... Read the full article
Beazley appoints Wunderlich as Head of Alternative Risk Transfer, Bermuda
1st June 2026
Beazley, a large specialist insurer, has expanded Stefan Wunderlich's responsibilities and appointed him as Head of Alternative Risk Transfer (ART) alongside his existing role of Head of Parametric. For the new role, Wunderlich will be relocating to Bermuda, subject to immigration approval. The move strengthens the insurer's commitment to Bermuda, building on ... Read the full article
Beazley Security report highlights sharp increase in exploited vulnerabilities and AI-driven cyber attacks in Q1
13th May 2026
Beazley Security, the cyber security services arm of specialist insurer Beazley, has released its Quarterly Threat Report for Q1 2026, detailing a significant rise in exploited vulnerabilities as cyber criminals increasingly use AI-powered methods to accelerate attacks and target software supply chains. The report found that exploited vulnerabilities increased by 43% ... Read the full article
Beazley finds growing gap between business confidence and cyber resilience as risks intensify
28th April 2026
Specialist insurer Beazley's Risk & Resilience: Cyber Threat and Tech Advances 2026 report, based on insights from 3,500 business leaders worldwide, identifies a clear disconnect between how organisations perceive their ability to withstand cyber incidents and the scale of the risks they face. Beazley finds that cyber risk remains the most ... Read the full article
Beazley adds Sundeep Khera as Head of Marine
27th April 2026
Beazley, a large specialist insurer, has appointed Sundeep Khera as Head of Marine, effective April 21st, 2026, reporting to Tim Turner, Group Head of Marine, Accident & Political (MAP) Risks. In his new role as part of the MAP Risks team, Khera will lead the Marine, Energy, Aviation, and Space teams. He ... Read the full article
Eirion Risk Underwriters launches Construction Professional Liability program
17th April 2026
Eirion Risk Underwriters has announced the launch of its Construction Professional Liability (CPL) program, designed to cover professional risks for contractors and construction project stakeholders. The program offers a suite of coverages including Annual Contractors Professional and Pollution Liability (CPPL), Project-Specific CPPL, and Owner’s Protective Professional Indemnity (OPPI). With A+ XV-rated capacity, ... Read the full article
Beazley plans new Marine War insurance consortium to expand market capacity
16th April 2026
Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance consortium aimed at increasing available coverage within the market. The initiative is expected to provide up to $1 billion in Lloyd’s capacity, split evenly between Hull War and Cargo War risks. This offering is intended to ... Read the full article
Beazley to acquire US renewable energy MGA kWh Analytics
10th March 2026
Leading specialty insurer Beazley has reached an agreement to acquire kWh Analytics, a US renewable energy MGA, which will be embedded into its MAP (Marine, Accident & Political) Risks team. Jason Kaminsky, CEO of kWh Analytics, will report directly to Tim Turner, Group Head of MAP Risks and be a key ... Read the full article
Beazley posts profits of $1bn+ for third year running in 2025
4th March 2026
Specialist insurer Beazley has posted a profit before tax of $1.15bn for the full year 2025, delivering an undiscounted combined ratio of 81% despite heightened global volatility and a softening rating environment. Although earnings were slightly lower than in 2024, the group said the year underscored the accelerating shift in ... Read the full article
Zurich and Beazley reach agreement on £8.1bn transaction
2nd March 2026
An agreement has now been reached for global insurer Zurich to acquire London-headquartered specialist insurer Beazley in an £8.1 billion (USD 10.8bn) all-cash transaction, bringing together "two highly complementary businesses to establish a global leader in Specialty insurance." The Boards of both companies have agreed the terms of a recommended all-cash ... Read the full article
Zurich granted extension of PUSU deadline for Beazley proposal
16th February 2026
The two insurers reached an agreement on the key financial terms of a possible recommended cash offer for Zurich to acquire 100% of Beazley on February 4th, and Zurich has now been granted an extension of the PUSU deadline by more than two weeks. The ‘Put up or Shut up’ (PUSU) ... Read the full article
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