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Aspen Joins United Nations-Supported PRI

Aspen Joins United Nations-Supported PRI

Aspen Insurance Holdings Limited announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment [PRI]. A spokesperson said, “An investor initiative in partnership with the UN Environment Programme Finance Initiative and UN Global Compact, the PRI is a global network of more than 5,000 organizations... Read more of this article

Aspen Appoints Mike Duffy To UK Boards

Aspen Appoints Mike Duffy To UK Boards

Aspen Insurance Holdings Limited announced that Mike Duffy has been appointed to the Aspen Managing Agency Limited [AMAL] and Aspen Insurance UK Limited [AIUK] Boards as a Non-Executive Director, effective February 1, 2023. A spokesperson said, “Mike will join the AMAL and AIUK [Aspen U.K.] Boards as Senior Independent Non-Executive Director [SID],... Read more of this article

kWh & Aspen To Launch Property Insurance

kWh & Aspen To Launch Property Insurance

kWh Analytics, the industry leader in Climate Insurance, announced the launch of their highly anticipated Property Insurance for renewable energy assets with capacity partner Aspen Insurance. A spokesperson said, “kWh Analytics, the industry leader in Climate Insurance, announced the launch of their highly anticipated Property Insurance for renewable... Read more of this article

Aspen Capital Appoints Chris Lee As COO

Aspen Capital Appoints Chris Lee As COO

Aspen Insurance Holdings Limited announced the appointment of Chris Lee as Chief Operating Officer [COO] of Aspen Capital Markets, the alternative reinsurance arm of Aspen Capital Partners. A spokesperson said, “Based in Bermuda, Chris will be responsible for driving strategic investments in technology and change to support the continued growth of... Read more of this article

Bermuda Championship Partners With Aspen

Bermuda Championship Partners With Aspen

The Butterfield Bermuda Championship has partnered with Aspen Bermuda Limited to deliver an “impactful sustainability program.” A spokesperson said, “The Butterfield Bermuda Championship has announced a newfound partnership with Aspen Bermuda Limited for 2022 in their quest to move closer to a more sustainable future for Bermuda’s... Read more of this article

Aspen Insurance Report Six Month Results

Aspen Insurance Report Six Month Results

Aspen Insurance Holdings Limited reported results for the six months ended June 30, 2022. Mark Cloutier, Group Executive Chairman and Chief Executive Officer, commented: “This is a strong set of results for Aspen with the business reporting both double digit top line growth and very healthy underwriting performance. Our year over year trends continue... Read more of this article

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