Tagged: 'Zurich'

So, it would appear Zurich's £8 billion takeover of Lloyd's of London specialist insurer Beazley is moving forward.

The board of Beazley has just rejected Zurich's recent indicative offer of £12.80 a share (around £7.7 billion) for the Lloyd's of London insurer.

Punchy stuff from Zurich Insurance, the Swiss insurance giant.

Adam "The Nighthawk" McNestrie, an occasional contributor to little old Betaville, landed a giant insurance industry deal scoop last night.