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Aspen Plants Red Mangroves On Trunk Island

Aspen Plants Red Mangroves On Trunk Island

Employees from Aspen were excited to plant the first young red mangrove trees in their sponsored Coastal Red Mangrove Forest on Trunk Island – the Bermuda Zoological Society’s [BZS] ‘Living Classroom’ on June 3rd. In July 2021, Aspen pledged to donate $25K per year, for the next five years, to support the creation of the coastal exhibit. As... Read more of this article

Aspen: Signatory To UN Sustainable Insurance

Aspen: Signatory To UN Sustainable Insurance

The United Nations Environment Programme Finance Initiative [UNEP FI] has confirmed Aspen‘s status as a signatory to the Principles of Sustainable Insurance [PSI]. A spokesperson said, “For the past two years, a key part of our ESG strategy has been actively participating in the UN Sustainable Development Goals, and now, we’ve extended this... Read more of this article

Enstar Completes Agreement With Aspen

Enstar Completes Agreement With Aspen

Enstar Group announce that one of its wholly owned subsidiaries has closed a previously announced agreement for a ground-up loss portfolio transfer with Aspen Insurance Holdings Limited and its subsidiaries for their 2019 and prior business. Enstar will assume net loss reserves of $3.12 billion, subject to a limit of $3.57 billion. The existing adverse... Read more of this article

Aspen Insurance Report Twelve Months Results

Aspen Insurance Report Twelve Months Results

Aspen Insurance Holdings reported results for the twelve months ended December 31, 2021. Mark Cloutier, Group Executive Chairman and Chief Executive Officer, commented: “I am pleased to report that 2021 was a further year of good progress at Aspen, with the business reporting a net income of $29.8 million and an operating income of $95.1 million,... Read more of this article

Aspen To Sponsor SSL Bermuda Sailing Team

Aspen To Sponsor SSL Bermuda Sailing Team

SSL Bermuda announced that Aspen Bermuda will be their Title Sponsor for 2022, 2023 and 2024. Christian Dunleavy, Group Chief Underwriting Officer of Aspen said: “Aspen is pleased to support the Bermuda community which has a long and proud history in sailing. Supporting Bermuda’s SSL team allows Aspen to do our part in helping create future... Read more of this article

Aspen Launches ‘Project Leaf’ Initiative

Aspen Launches ‘Project Leaf’ Initiative

Aspen has formally launched Project Leaf, an “ESG integration strategy that will incorporate environmental, social and governance information into the decision making process for its Credit and Political Risk [CPR] portfolio.” A spokesperson said, “By 2026, the project aims to see over two thirds [66%] of Aspen’s CPR premium originating... Read more of this article

Aspen Declares Dividends on Preference Shares

Aspen Declares Dividends on Preference Shares

Aspen Insurance Holdings Limited announced that the Board of Directors has declared the following dividends on its Preference Shares:Quarterly dividend of $0.3719 per share on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share;Quarterly dividend of $0.3516 per share on its 5.625%... Read more of this article

Aspen Declares Dividends On Preference Shares

Aspen Declares Dividends On Preference Shares

Aspen Insurance Holdings Limited announced that the Board of Directors has declared the following dividends on its Preference Shares:Quarterly dividend of $0.3719 per share on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share;Quarterly dividend of $0.3516 per share on its 5.625%... Read more of this article

Aspen Appoints Aileen Mathieson As Group CIO

Aspen Appoints Aileen Mathieson As Group CIO

Aspen Insurance Holdings Limited announced the appointment of Aileen Mathieson as Group Chief Investment Officer [CIO], effective November 15, 2021. A spokesperson said, “Aileen will be based in London and join the Group Executive Committee. Aileen brings over 15 years of investment and financial experience and joins from Aberdeen Standard Investments... Read more of this article

Support Creation Of Coastal Mangrove Forest

Support Creation Of Coastal Mangrove Forest

The Bermuda Zoological Society [BZS] has received a donation from Aspen Bermuda Limited to support the creation of a “Coastal Red Mangrove Forest” on Trunk Island. A spokesperson said, “The Bermuda Zoological Society [BZS], a charity dedicated to inspiring appreciation and care of island environments, has received a donation from Aspen... Read more of this article

Aspen Declares Dividends On Preference Shares

Aspen Declares Dividends On Preference Shares

Aspen Insurance Holdings Limited announced that the Board of Directors has declared the following dividends on its Preference Shares:Quarterly dividend of $0.3719 per share on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share;Quarterly dividend of $0.3516 per share on its 5.625%... Read more of this article

Aspen Donates $20K To Community Giveaway

Aspen Donates $20K To Community Giveaway

Re/insurer Aspen Bermuda Limited announced “its support of community efforts towards moving past this pandemic” with a $20,000 donation “earmarked as part of the Back to Business Community Giveaway programme.” Christian Dunleavy, CEO of Aspen Bermuda Limited stated: “Giving back to the community is important during any time,... Read more of this article

Andy Von Reitzenstein Joins Aspen Capital

Andy Von Reitzenstein Joins Aspen Capital

Andy von Reitzenstein is joining Aspen Capital Markets as a Portfolio Manager. A spokesperson said, “Andy was most recently Chief Underwriting Officer, North America, at Bernina Re and will be based in Bermuda. Prior to joining Bernina, Andy held senior roles at Credit Suisse and Glacier Re.” Chief Executive Officer of Aspen Capital Partners,... Read more of this article