Beazley Employee Trust Increases Share Ownership

Beazley (GB:BEZ) has released an update.

Beazley plc has announced that its Employee Benefit Trust has acquired an additional 1,271,637 shares at a price of 628.71p each, bringing its total ownership to 1.55% of the issued share capital. The company, a specialist insurance business with global operations and a focus on various insurance products, underwrote gross premiums of $5,601.4 million in 2023. Beazley operates across Europe, North America, Latin America, and Asia, providing coverage through multiple rated entities.

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