Beazley approaches Hardy Underwriting - UPDATE

A merger of Lloyd's of London underwriters could be on the cards after Beazley said it is interested in acquiring rival Hardy Underwriting.

A merger of Lloyd's of London underwriters could be on the cards after Beazley said it is interested in acquiring rival Hardy Underwriting.

While Beazley has reassured that this does not represent a firm intention to make an offer, it did confirm its interest in "entering into exploratory discussions" with Hardy.

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