Hashtag: #AspenInsuranceHoldings
Aspen Insurance’s New Data Security Services
Aspen US Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Limited, announces new risk management and claims handling services for policyholders of its Converging Risk program which is underwritten and managed by ThinkRisk Underwriting Agency, a member company of Ryan Specialty Group. Ryan Specialty Group’s ThinkRisk... Read more of this article
Aspen Insurance Appoints Executive Director
Bermuda-based Aspen Insurance Holdings Limited announced that Bret Pearlman has been appointed as a non-executive director of the Company. He will also be a member of Aspen’s Corporate Governance and Nominating Committee and the Investment Committee. Mr. Pearlman is a Managing Director and co-founder of the private equity firm, Elevation Partners.... Read more of this article
Aspen Reports Net Income Of $40.1 Million
Bermuda-based Aspen Insurance Holdings Limited today reported net income after tax of $40.1 million, or $0.36 diluted net income per share, for the second quarter of 2013. Chris O’Kane, Chief Executive Officer commented, “In the second quarter, Aspen delivered solid operating results in an above average catastrophe quarter, with our combined ratio... Read more of this article
Aspen Dividend On Ordinary, Preference 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 August 27, 2013 to the holders of record as of the close of trading on August 9, 2013. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article
Aspen Estimates $59 Million Loss From Floods
Bermuda-based Aspen Insurance Holdings Limited said its initial loss estimate of approximately $59 million [$54 million after tax] and net of reinsurance and reinstatement premiums, related to natural catastrophes in the second quarter of 2013. This estimate is split approximately 85% and 15% respectively between the Reinsurance and Insurance segments. Losses... Read more of this article
Aspen Insurance Appoints Zac Clammer
Bermuda-based Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, announces the appointment of Zac Clammer as Executive Vice President, Chief Management Liability Underwriting Officer. Mr Clammer will oversee both the US and Bermuda Management Liability operations. In the past three years, Mr Clammer has built a successful Management... Read more of this article
Aspen Second Quarter Results Due On July 24
Bermuda-based Aspen Insurance Holdings Limited will release its second quarter 2013 financial results on Wednesday, July 24 following the close of the New York Stock Exchange. A conference call to discuss the results will follow at 9:00am Eastern Time on Thursday, July 25. To participate in the July 25 conference call by phone: Please call to register... Read more of this article
Aspen Reinsurance Appoints Tom Luning
Bermuda based Aspen Reinsurance appointed Tom Luning as Head of US Regional Business Development. Mr Luning will be responsible for delivering and enhancing Aspen Re’s broad range of products in the US Regional marketplace. He will be based at Aspen Re America’s office in Connecticut and report to Mike Sowa, Managing Director of North America, and... Read more of this article
Aspen CEO To Address New York Conference
Bermuda-based Aspen Insurance Holdings Limited has announced that Chris O’Kane, Chief Executive Officer, is scheduled to present at the Morgan Stanley Financials Conference in New York at 10:20 a.m. Eastern Standard Time next Wednesday [June 12]. A live webcast of the presentation will be available on the Investor Relations section of Aspen’s... Read more of this article
Aspen Declares Dividend On Preference Shares
Aspen Insurance Holdings Limited has declared a cash dividend on the 5.95% Perpetual Non-Cumulative Preference Shares of $0.243785 per 5.95% Perpetual Preference Share. The dividend is payable on July 1, 2013 to the holders of record as of the close of business on June 15, 2013. Aspen provides reinsurance and insurance coverage to clients in various... Read more of this article
Aspen Insurance Releases 2012 Loss Triangles
Bermuda-based Aspen Insurance Holdings Limited has published its 2012 Loss Development Triangles on its website www.aspen.co in the Investor Relations/Financial Results section. The Loss Triangles provide stakeholders with additional insight into the reserves held on Aspen’s balance sheet as at December 31, 2012. It presents eight reserving lines... Read more of this article
Aspen: Mandatory Conversion Of PIERS
Bermuda’s Aspen Insurance Holdings Limited announced that it is mandatorily converting its Perpetual PIERS with effect on Thursday [Apr. 25]. Aspen will be converting all of its 4,600,000 Perpetual PIERS. Each holder of a Perpetual PIER will receive $50 in cash plus a number of ordinary shares as determined during the Stock Settlement Averaging... Read more of this article
Aspen: $275 Million Preference Share Offering
Bermuda-based Aspen Insurance Holdings Limited has priced an underwritten public offering of 11,000,000 shares of 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares. The Preference Shares have a liquidation preference of $25 per share or $275,000,000 in aggregate liquidation preference. The offering was made pursuant to an effective... Read more of this article
Aspen’s Board Declares Two New Dividends
The board of directors of Bermuda’s Aspen Insurance Holdings Limited has declared a cash dividend on the 7.401 percent Perpetual Non-Cumulative Preference Shares of $0.462563 per 7.401 percent Perpetual Preference Share. The dividend is payable on July 1, 2013 to the holders of record as of the close of business on June 15, 2013. Aspen’s board... Read more of this article
Aspen Appoints Gary Gregg As New Director
Bermuda-based Aspen Insurance Holdings Limited has appointed Gary Gregg as a non-executive director of the Company. Mr. Gregg was with Liberty Mutual Group from 1989 to 2011 where he undertook a number of executive positions within Liberty Mutual’s commercial insurance operations including most recently as Executive Vice President; President,... Read more of this article
Aspen Re Announces Formation Of New Division
Aspen Reinsurance, the reinsurance segment of Bermuda’s Aspen Insurance Holdings Limited, today [Apr. 16] announced the formation of a new division, Aspen Capital Markets, with Brian Tobben appointed managing director of the newly created unit. Aspen Capital Markets is intended to expand Aspen Re’s participation in the alternative reinsurance... Read more of this article
