Boss Adrian Cox said the company was knocked by ‘rapidly softening conditions’ in the specialist insurance market.

QBE and Beazley are among the insurers that have drafted policy wording to place tighter limits on certain AI-related claims.

The deal gives the Swiss insurer a larger presence in specialist lines including cyber, marine, aviation, space and fine art.

The consortium plans to allocate $500m (£369.51m) for hull war and $500m for cargo war, adding to the level of capacity currently available in the market.

Beazley’s updated fair value sits at about £13.10 per share, only a fractional shift from the previous £13.10 target, indicating a very small model adjustment rather than a reset in expectations. That tiny move comes as Street research leans toward more neutral views, with several firms shifting to hold or sector perform while keeping price targets clustered around or above Zurich’s agreed offer. Read on to see how to follow this evolving narrative and what it could mean for your own decision...

Beazley’s fair value estimate has been adjusted slightly, moving from £13.04 to £13.10, with other key valuation inputs left broadly unchanged. Around this, brokers have been shifting price targets in both directions, with bullish calls moving from £9.77 to £10.50 and others trimming from £9.60 to £9.30 as they weigh Zurich’s agreed offer, execution risk and potential upside. Read on to see how to make sense of these changing targets and track the evolving analyst narrative around...

The purchase aims to enhance Beazley's expertise in modelling, underwriting, and managing risks tied to renewable energy portfolios.

Beazley’s fair value estimate has shifted from about £12.20 to roughly £13.04 per share, with Street price targets now spanning a range that includes 930 GBp at the low end and up to 1,310 GBp at the high end. That spread lines up with more neutral ratings and a split view on Zurich’s agreed offer, as some analysts lean on the bid as a valuation anchor while others point to execution and deal risk as reasons to be more cautious. As you read on, you will see how to make sense of these moving...