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Cyber-attack and yacht insurer agrees £8bn deal in latest UK stock market exit

todayFebruary 4, 2026

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Beazley, which also covers fine art, agrees to takeover by larger rival Zurich at 60% premium

A British company specialising in insuring against cyber-attacks that also covers fine art and luxury yachts has agreed to be taken over in an £8bn deal, in the latest loss to the London stock market.

Beazley said on Wednesday it had agreed the deal with its larger rival Zurich, after the Switzerland-listed company raised its bid for the Lloyd’s of London insurer.

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Source: www.theguardian.com

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Written by: truelightfm

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