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MYSTERIOUS: Beazley | Mind Blowing Facts

As AI agents go rogue, cyber insurers are adapting their policies

Insurers, including MSIG, QBE and Beazley, are reviewing traditional cyber policies and adapting their language to account for emerging risks posed by such systems taking on more autonomous tasks, according to eight executives at major companies, and analysts.

The Economic Times

Profits cut by half at insurer Beazley ahead of £8.1bn Zurich takeover

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

Evening Standard

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging

The Guardian - UK

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European stocks sink amid Middle East uncertainty

The FTSE 100 Index ended down 130.44 points, 1.2%, at 10,780.11.

Evening Standard

Zurich seals the deal to buy London-listed insurer Beazley for £8.1bn

The companies said they had reached a deal that will create a global specialist insurance leader that’s based in the UK.

Evening Standard

Zurich granted more time over potential £8bn Beazley takeover

A deadline for Zurich to make a formal takeover for rival Beazley has been extended into March.

The Independent UK

FTSE 100 tops 10,400 as Beazley and Entain soar

The FTSE 100 index closed up 87.75 points, 0.9%, at 10,402.34, a new record close.

Evening Standard

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Cyber-attack and yacht insurer agrees £8bn deal in latest UK stock market exit

Beazley, which also covers fine art, agrees to takeover by larger rival Zurich at 60% premium

The Guardian - UK

Insurer Beazley agrees £8 billion takeover by rival Zurich

Zurich said it will pay £13.10 in cash per share for the London-listed specialist insurer, with shareholders also set to receive a 25p dividend.

Evening Standard

Software sell-off over AI fears hits global stock markets, but FTSE 100 finishes at closing high on £8bn insurance takeover – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

FTSE 100 Live 04 February: GSK milestone as index soars to new record, AI data jitters continue

GSK results today helped shares surge above 2000p for the first time in over two decades as the FTSE 100 index set a new intraday record.

Evening Standard

Beazley rejects £7.7 billion takeover tilt from Swiss insurance rival

Beazley said the proposal is lower than an approach made late last June for £13.15 a share, valuing Beazley at £8.4 billion.

Evening Standard

Trump’s tariff threats keep European stocks on back foot

Beazley was the FTSE’s star blue-chip performer surging 43% after Zurich Insurance said it has tabled a £7.7-bn bid for the London-listed insurer.

Evening Standard

Beazley shares hit record high after £7.7bn takeover approach from Swiss rival

Zurich Insurance offering £12.80 a share, up from an earlier and previously undisclosed approach on January 4 for £12.30.

Evening Standard

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The Independent UK

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

Evening Standard

Stocks rise and pound climbs as Budget rumours swirl

Chancellor Rachel Reeves is due to deliver her statement to the Commons on Wednesday.

Evening Standard

FTSE 100 pushes higher as US rate cut bets build

The FTSE 100 index closed up 17.42 points, 0.2%, at 9,165.23.

International Business Times

AI-Powered Phishing Scams Surge: Why Your Online Safety Is At Risk

AI not only collects information necessary for crafting the ideal scam but also analyzes the target's social media activity and online presence to identify topics that are likely to engage them.

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TechRadar

Corporate executives are being increasingly targeted by AI phishing scams

Criminals are using AI to automate increasingly personal phishing attacks, experts have warned.

Evening Standard

Microsoft AI chief wins prestigious Black British Business Person of the Year award at London ceremony

Pamela Maynard was presented with the award at London’s InterContinental Park Lane on Friday evening

The Guardian - UK

UK students pledge ‘career boycott’ of insurers over fossil fuels

Hundreds of students and graduates vow not to work for ‘climate wreckers that insure those responsible for the climate crisis’

Evening Standard

FTSE 100 Live: ‘Inflation at a turning point’, BoE economist says; FTSE closes up 0.3% despite March GDP fall

The FTSE 100 index is trading higher today

Evening Standard

Beazley eyes cyber crime and space as new frontiers for insurers as profits take a hit from investment losses

FTSE 100 company backs London insurance market’s reputation for innovation

Evening Standard

Office days: The full list of average weekly working patterns at FTSE 100 companies

Here is the full list of respondents and their feedback to a Evening Standard survey looking at weekly working patterns, writes Joanna Hodgson

Insider UK

Weir and abrdn promoted to FTSE 100

UK's top stock market index also sees 'yo-yo' firm Harbour Energy drop out again

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