Zurich Said to Near Deal for Beazley Funded by Equity Sale

Scenic view of Zürich's historic waterfront and architectural charm on a sunny day.
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1 min read • 39 words

Zurich Insurance Group AG is nearing an agreement to acquire UK specialty insurer Beazley Plc and raise billions of dollars in equity to help fund the deal, according to people familiar with the matter.

Charming Zurich architecture on display during twilight along the waterfront.
Image: Elijah Cobb / Pexels

Source: Bloomberg