Lloyd’s acquisition could be back on, following strategic review
Beazley has set the ball rolling for a second attempt to take over Lloyd’s peer Hardy, with an announcement this morning that it is interested in “exploratory discussions” with the rival board.
It follows Hardy’s announcement of a “strategic review” that opens the door to a sale after a year of heavy losses.
In a statement, Beazley said: “This announcement does not represent a firm intention to make an offer and there can be no certainty that an offer by Beazley will be made.”
Beazley dropped its last attempt to buy Hardy a year ago. Other potential bidders include Bahrain-based (re)insurer Arig and US insurance firm Tower Group.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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