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ZURN — Zurich Insurance AG News Story

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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;))

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