Beazley shares traded around 1,288 pence Thursday, below Zurich Insurance’s 1,335 pence-a-share offer. JPMorgan Chase raised its interest in Beazley to 5.5%, partly via derivatives. The 8.2 billion pound takeover, announced March 2, awaits shareholder, court, and regulatory approval, with a 25 pence dividend expected May 1. Zurich funded the deal partly through a 3.9 billion Swiss franc share sale.