Wife of Beazley CEO sells 200,000 shares

The wife of David Horton, the Chief Executive Officer of Beazley, has sold 200,000 shares in the global specialist risk insurance and reinsurance business, thereby reducing his interest to 1.58m shares. Sophie Horton sold the shares at 244.50p a piece, giving the deal a trade value of £489,000. The transaction was made just a week after the group reported a slight decline in its first quarter gross written premium, but said it was able to achieve rate increases in specialty lines, its largest business, and maintain flat rate overall "in spite of increased competitive pressures".Meanwhile, Roberts Spass, a non-executive director at Lancashire Holdings, has paid 661.80p-a-share in a deal worth £566,077. In addition to the 85,536 shares, he also owns 410,000 founder warrants. Top Director BuysBritish Polythene Industries (BPI) Director name: Mr Ron MarshAmount purchased: 35,000 @ 669.15p Value: £234,202Standard Chartered (STAN) Director name: Mr Richard H MeddingsAmount purchased: 3,722 @ 1,194.90p Value: £44,474Bagir Group Ltd. (DI) (BAGR) Director name: Mr Samuel Vlodinger Amount purchased: 133,333 @ 22.50p Value: £30,000Xeros Technology Group (XSG) Director name: Mr Charles Stephen WinwardAmount purchased: 21,976 @ 91.01p Value: £20,000Sylvania Platinum Ltd (DI) (SLP) Director name: Mr Roger WilliamsAmount purchased: 194,000 @ 7.20p Value: £13,968Top Director SellsBunzl (BNZL) Director name: Mr Michael J RoneyAmount sold: 89,500 @ 1,689.50p Value: £1,512,102Lancashire Holdings Limited (LRE) Director name: Mr Robert Alan SpassAmount sold: 85,536 @ 661.80p Value: £566,077Savills (SVS) Director name: Mr Jeremy C HelsbyAmount sold: 81,216 @ 624.50p Value: £507,194Beazley (BEZ) Director name: Mr Andrew HortonAmount sold: 200,000 @ 244.50p Value: £489,000SABMiller (SAB) Director name: Mr Alan ClarkAmount sold: 9,823 @ 3,227.00p Value: £316,988Savills (SVS) Director name: Mr Simon J B ShawAmount sold: 32,102 @ 624.50p Value: £200,477NR