Insurer Beazley's Profits Halved Ahead of Zurich Takeover

Insurer Beazley reported a 50% cut in profits, attributed to "rapidly softening conditions" in the specialist insurance market, as it prepares for an £8.1 billion takeover by Zurich.

5 Aug, 08:23 — 5 Aug, 08:23

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The IndependentMostly Factual26d ago

Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover

Boss Adrian Cox said the company was knocked by ‘rapidly softening conditions’ in the specialist insurance market.

By Henry Saker-Clark

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Insurer Beazley's Profits Halved Ahead of Zurich Takeover

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Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover

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