Hashtag: #AspenInsuranceHoldings
Aspen Reject Endurance’s $3.2 Billion Proposal
[Updated - Aspen "unanimously" reject proposal] Endurance Specialty Holdings Ltd. today [Apr 14] announced that it has delivered a proposal to the Board of Directors of Aspen Insurance Holdings Ltd. to acquire all of the common shares of Aspen for $3.2 billion, with a combination of cash and Endurance common shares. John R. Charman, Endurance’s... Read more of this article
Validus & Aspen To Sponsor Beyond Rugby
Validus Holdings, Ltd. and Aspen Re said they are proud to sponsor The 3rd Annual Beyond Rugby Bermuda Play for Success Rugby Championship Day, taking place on Friday, March 28th at the National Stadium. The Championship Day will feature a friendly match with members of Beyond Rugby teams and participants from Validus and Aspen Re. Both Validus and... Read more of this article
Aspen Declares Dividends On Ordinary Shares
Bermuda-based Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.18 per ordinary share. The dividend is payable on March 7, 2014 to the holders of record as of the close of business on February 21, 2014. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article
Aspen US Insurance Expands National Presence
Aspen US Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Limited, opened a new office in Houston to capitalize on the shale energy boom and evolving regional environmental exposures. As part of Aspen’s national expansion in the U.S., the new Houston office will serve as a hub to offer products and services to regional... Read more of this article
Aspen Appoints New Marketing Director
Aspen US Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, announces the appointment of Douglas Menelly as Senior Vice President, Marketing. Reporting to Bob Rheel, Executive Vice President and US Head of Property & Casualty for Aspen Insurance, Mr. Menelly joins Aspen with 14 years’ experience in strategy, communications,... Read more of this article
Aspen Reinsurance Establishes Silverton Re
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, announces that its Aspen Capital Markets division has established Silverton Re. Silverton Re is a Bermuda domiciled special purpose insurer formed to provide additional collateralized capacity to support Aspen Re’s global reinsurance business. Silverton Re will be capitalized... Read more of this article
Aspen Reinsurance Appoints Scott Hurlburt
Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, has appointed Scott Hurlburt as SVP and Head of North American Surety. Scott joins Aspen Re from Partner Re where he was Vice President, Specialty Lines. He will report to Mike Sowa, Managing Director, Aspen Re, North America and also to Winfried Knust, Global... Read more of this article
Aspen Appoints Energy Property Damage Head
Aspen International Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, announces the appointment of Christopher Wildee as Head of Energy Property Damage, London. Reporting to Rupert Villers, Chairman of Aspen Insurance, Christopher will be responsible for developing and enhancing Aspen Insurance’s capabilities and profile... Read more of this article
Aspen Makes Senior Management Appointments
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, announced a number of senior management appointments. Ann Haugh will be joining Aspen Insurance on November 11 as Global Chief Underwriting Officer and Chief Operating Officer, a new position within the Insurance business. Ms Haugh was until recently Group Chief of Staff for... Read more of this article
Aspen Prices $300 Million Of Senior Notes
Bermuda-based Aspen Insurance Holdings Limited has priced $300 million of 4.650% senior notes due 2023. The Notes pay interest semi-annually on May 15 and November 15 and will mature on November 15, 2023. Aspen intends to use the net proceeds to pay the redemption price on its $250 million aggregate principal amount outstanding of 6.00% senior notes... Read more of this article
Aspen Reports 2013 Q2 Net Income: $107.4M
Bermuda-based Aspen Insurance Holdings Limited today reported net income after tax of $107.4 million, or $1.43 diluted net income per share, for the third quarter of 2013. Chris O’Kane, Chief Executive Officer commented, “In the third quarter, Aspen continued to make good progress in terms of strategic execution, operating results and profitability.... Read more of this article
Aspen Ltd. Declares $0.18 Quarterly Dividend
Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.18 per ordinary share. The dividend is payable on November 27, 2013 to the holders of record as of the close of business on November 13, 2013. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative Preference... Read more of this article
Aspen Reinsurance Establishes Rock Re
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, has formed Rock Re, a new dedicated brokered property facultative unit within its US operation. Rock Re builds on Aspen Re’s existing direct property facultative offering in the United States and will focus on the North American brokered property facultative marketplace. The... Read more of this article
Aspen Reinsurance Appoints Jamie Lewis
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, appointed Jamie Lewis as Head of its Casualty Reinsurance business in London. Jamie Lewis will be responsible for developing Aspen Re’s book of Casualty reinsurance treaty and facultative business written from London, including both the US and International Casualty portfolios.... Read more of this article
A.M. Best Affirms Aspen Insurance Ratings
Ratings agency A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of A [Excellent] and the issuer credit ratings [ICR] of “a” of Aspen Insurance UK Limited [AIUK] [United Kingdom] and Aspen Bermuda Limited [ABL] [Bermuda]. At the same time, A.M. Best has affirmed the ICR of “bbb” and the... Read more of this article
Aspen Appoints New Senior Vice President
Aspen US Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, announced the appointment of Jude DiBattista as Senior Vice President and Chief Underwriting Officer for Excess Casualty. Reporting to Rich Aldorisio, Executive Vice President and Chief Underwriting Officer for Casualty lines, Mr. DiBattista will help to grow Aspen... Read more of this article
