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‘Business as usual’ for Beazley after accepting Zurich bid

Adrian Cox

Since Zurich’s £8.2bn acquisition was agreed, Beazley’s CEO Adrian Cox has insisted on the company’s innovation and growth, despite profits being down in 2025.

In the year ending 31 December 2025, Beazley reported pre-tax profits of $1.15bn (£857m), which is down by 19% on the previous year.

Insurance written premiums remained stable, dropping just 1% to $6

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Intact bringing US surety play to UK market

Intact Insurance is bringing its North American surety proposition to the UK as part of wider ambitions to scale its specialty lines business, hiring former Allianz Trade head of surety and guarantee David Weale to lead the expansion.

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