In a brief statement, issued by its office in Dublin, Beazley plc confirmed that it is to undertake a strategic review of the business of Hardy Underwriting Bermuda Limited.
The statement followed the announcement by the board of Hardy on December first, that Beazley was interested in “entering into exploratory discussions with Hardy regarding a possible offer to acquire the entire issued share capital of Hardy.”
Beazley cautioned, however, that the 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.”
Source: Beazley plc
Was this article valuable?
Here are more articles you may enjoy.
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
What Analysts Are Saying About the 2026 P/C Insurance Market 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer 
