UK's Beazley rejects Zurich Insurance's takeover bid
Jan 22 (Reuters) - British speciality insurer Beazley BEZG.L on Thursday rejected a 1,280 pence per share bid from Zurich Insurance Group ZURN.S, saying it "materially undervalues" the business. (Reporting by Yamini Kalia and Pushkala Aripaka in Bengaluru; Editing by Rashmi Aich) ((Yamini.Kalia@thomsonreuters.com;))