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What Zurich buying Beazley means for the market

Emma Ann Hughes

Editor’s View: Zurich’s £8.2bn swoop for Beazley is a decisive bet on specialty insurance, which Emma Ann Hughes observes widens the gap between the industry’s supermarket giants and the squeezed middle.

When Zurich and Beazley agreed terms on an £8.2bn all-cash offer on Monday (2 March), the two boards did far more than strike a rich premium for shareholders.

The two insurers fired the starting gun on

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