The proposal would offer Beazley shareholders up to 1,335p (£13.35) per share.
Consolidated net premiums written for the quarter totalled $13.1bn, an increase of 8.9% YoY.
Net income for 2025 reached $1.61bn (£1.17bn), reversing a net loss of $88m from the prior year.
Under the agreement, Altitude Intelligence’s geospatial and multi-source fusion data will be integrated into Cytora’s platform.