Beazley Rejects Zurich’s $10B Bid for Leader in Cyber Cat Bonds, ILS and Specialty Insurance Businesses

Beazley plc’s board has unanimously rejected a £7.67 billion ($10.3 billion) takeover proposal from the Zurich Insurance Group. The offer, announced on January 19, 2026 for 1,280 pence per Beazley share, is lower than a bid from Zurich last year, but still reflects a substantial premium on Beazley’s public valuation. That was not enough to … Read more

New York State Uses Cyber Regulations to Go After Allstate Company For Repeat Breaches

Weeks after New York State announced new cyber regulations, the state’s Attorney General Letitia James has filed suit over breaches suffered by car insurer National General, now owned by Allstate Insurance. “Emboldened Hackers” “National General’s weak cybersecurity emboldened hackers to steal New Yorkers’ personal data, not once but twice in two separate cyberattacks,” said James … Read more

ProWriters, a Cyber Insurance Wholesaler, Is For Sale: Report

Insurance wholesaler ProWriters, a digital distributor which has made a push in cyber insurance, is exploring a potential sale of its business, reports Insurance Insider US. Insurance M&A specialist Dowling Hales is advising ProWriters, according to the article. ProWriters offers several categories of cyber insurance, including E&O, CGL & D&O. It generates revenue of app. … Read more

Sophos to Acquire Secureworks in $859 Million Deal, Expanding Cybersecurity Portfolio

As cyber threats continue to rise globally, the demand for advanced cybersecurity solutions has never been greater. Organizations of all sizes are increasingly investing in technologies that can prevent, detect, and respond to sophisticated cyberattacks, driven by a growing threat landscape and heightened geopolitical tensions. With this surging demand in mind, Sophos has announced its … Read more

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