JPMorgan Boosts Stake in Beazley PLC to 39.19%

JPMorgan Chase & Co., the American multinational investment bank and financial institution, has increased its stake in Beazley PLC through a series of cash-settled equity swaps. According to a notification filed with the London Stock Exchange on September 10, JPMorgan now holds approximately 39.19% of Beazley's voting rights.

The transactions were made between August and September this year, with the most recent settlement occurring on September 15, 2027. The swaps are set to expire between October 4 and December 31, 2027, depending on their terms.

Beazley PLC is a UK-based global specialist insurer that provides insurance and reinsurance products to clients worldwide.