Grant of Share Incentives to Director

RNS Number : 7058B

Beazley PLC

05 April 2013

 



Beazley plc

Dublin, 5th April 2013

Grant of Share Incentives to Director

This notification is made in accordance with DTR 3.1.

Beazley plc announces that on 5th April 2013 Clive Washbourn was granted a nil cost option to acquire up to 1,000,000 of the Company's ordinary shares of 5p each pursuant to the Beazley plc Marine Share Incentive Plan.  Subject to performance and other vesting criteria, up to 50% of the award (or a cash equivalent) will vest in three years' time, and up to 50% of the award (or a cash equivalent) will vest in five years' time. 

For further information, please contact:

Beazley plc

Sian Coope

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia.  Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9 million.  All Lloyd's syndicates are rated A by A.M. Best. 

Beazley's underwriters in the United States focus on writing a range of specialist insurance products.  In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states.  In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

 

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