Beazley Acquired by Zurich Insurance Group | Financial Services M&A Deal

Zurich Insurance Group has completed the acquisition of Beazley, a insurance brokerage business in London, for $10.94 billion. Beazley provides specialty insurance underwriting and brokerage services across cyber, marine, aviation, space, and fine art, supporting Zurich’s specialty insurance expansion. The Zurich Insurance Group acquisitions strategy uses the Beazley acquisition to deepen capabilities in high-growth specialty lines and strengthen its UK presence. The merger acquisition is a strategic acquisition approved by Beazley shareholders with 99.9% voting in favor, and it remains subject to court sanction expected in the second half of 2026.