Zurich to launch Lloyd’s of London syndicate as backup for Beazley bid
Plan gives Swiss group another avenue into the market if £7.7bn takeover bid does not succeed
Plan gives Swiss group another avenue into the market if £7.7bn takeover bid does not succeed

Chief Greco says prior offers were rebuffed and shareholders should now have a say

Lender argues that proposals to significantly increase requirements have already cost investors $40bn

Bern’s plea for a level playing field may resonate with the boss of its biggest bank

Move by Beazley comes as rivals Chubb and AIG maintain or grow their books in US

‘Too big to fail’ reforms come after bank’s rescue of main rival Credit Suisse

JPMorgan and Deutsche Bank among lenders competing for country’s businesses