Zurich submits improved proposal for Beazley

Zurich beforehand proposed 1,230 pence per share on January 4, 2026, an method that Beazley’s board rejected on January 16 as considerably undervaluing the corporate. The revised 1,280p proposal equates to a 56% premium to Beazley’s 30-day volume-weighted common share value to January 16, a 27% premium to the median analyst value goal of 1,010p, and a 32% premium to Beazley’s all-time excessive of 973p on June 6, 2025. Zurich mentioned any eventual provide value could possibly be diminished by the quantity of dividends declared or paid after the announcement.