Hashtag: #AspenInsuranceHoldings
Aspen Files 10-K Form With US SEC
Bermuda-based Aspen Insurance Holdings Limited today [Mar.8] filed its 2011 Annual Report on Form 10-K with the US Securities & Exchange Commission. The document can be downloaded from the Investor Relations section of Aspen’s website or from the SEC’s website. Aspen provides reinsurance and insurance coverage to clients in various... Read more of this article
Aspen Files Annual Report On Form 10-K
Bermuda’s Aspen Insurance Holdings Limited today [Feb.28] filed its 2011 Annual Report on Form 10-K with the US Securities & Exchange Commission. The document can be downloaded from the Investor Relations section of Aspen’s website.. Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets... Read more of this article
Aspen CFO Richard Houghton Resigns
Aspen Insurance Holdings Limited announced that it has initiated a search for a new Chief Financial Officer to replace Richard Houghton, who will be leaving the Company effective February 29, 2012 to pursue other opportunities. Mr. Houghton [pictured] will remain in his role through the Company’s filing of its annual report on Form 10-K for the... Read more of this article
Aspen Insurance Declares Dividend
Bermuda-based Aspen Insurance Holdings Limited declared a quarterly cash dividend on its ordinary shares of $0.15 per ordinary share. The dividend is payable on March 5, 2012 to the holders of record as of the close of trading on February 17, 2012. The Company’s Board of Directors also declared a cash dividend on its Perpetual Preferred Income... Read more of this article
Aspen Estimates Thai Floods: $54 Million
Aspen Insurance Holdings Limited announced an initial estimate of losses of $54 million, net of applicable reinsurance, reinstatement premiums and tax, for the flooding in Thailand. This is consistent with estimated industry insured losses of $15 billion arising from widespread flooding, which occurred in Thailand in October and November 2011. “Aspen’s... Read more of this article
Aspen Gains CII Chartered Insurers Status
Aspen Risk Management Limited has been awarded corporate Chartered Insurers status by the Chartered Insurance Institute (CII). The new certification demonstrates Aspen Risk Management’s commitment to the “gold standard” in professionalism and skills. The CII’s Chartered Insurers status is a highly prestigious designation with... Read more of this article
Frelick Joins Aspen US Insurance
Aspen US Insurance announced — an American subsidiary of Bermuda’s Aspen Insurance Holdings — today [Dec. 16] named Stefanie Frelick, Senior Vice President of Marketing effective January 3, 2012. She will be based in New York and her responsibilities will include marketing strategy, business development strategy, broker/client communications,... Read more of this article
BFIS Hosts Intern Programme Reception
The Bermuda Foundation for Insurance Studies [BFIS] in conjunction with Associate Director of the Katie School of Insurance and Financial Services at Illinois State University [ISU] Debbie Babcock last night [Nov. 29] held a cocktail reception to thank all the people and companies who hosted the BFIS/ISU Intro-To-Insurance Summer Interns Programme.... Read more of this article
Former GE Executive Named To Aspen Board
Aspen Insurance Holdings Limited today [Nov.17] announced that the company’s board of directors has appointed Mr. Ron Pressman to the Board in a non-executive capacity with immediate effect. Mr Pressman has also been appointed to the Company’s Compensation and Investment Committees. Mr. Glyn Jones, Chairman of the Board commented: “I... Read more of this article
The 9/11 Attacks & Bermuda’s Class Of ’01
The tenth anniversary of the September 11 terror attacks on the US last month provided time for reflection on how the world has changed for good and ill since then, the “Financial Times” reported this week — saying both Bermuda and the global insurance industry were altered beyond recognition by those events. Osama bin-Laden’s... Read more of this article
Aspen: “Our Diversified Model Is Robust”
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $22.2 million or $0.23 per diluted share for the third quarter of 2011. Net income included $55 million or $0.75 per diluted share, of net losses resulting from the natural catastrophe events that occurred during the third quarter of 2011 and increases to loss estimates... Read more of this article
Aspen Partners With V3 On New Programme
The US subsidiary of Bermuda-based Aspen Insurance Holdings Ltd. has entered into a strategic alliance with V3 Insurance Partners LLC, a managing general underwriting agency, to offer a miscellaneous professional liability and optional premises liability programme available in all 50 states. Designed for professional services firms with under $15 million... Read more of this article
Aspen Insurance Ltd. Declares Dividends
Bermuda-based Aspen Insurance Holdings Limited this week announced that its board of directors declared a quarterly cash dividend on its ordinary shares of US$0.15 per ordinary share. The dividend is payable on November 25, 2011 to the holders of record as of the close of trading on November 10, 2011. The company’s Board of Directors also declared... Read more of this article
Aspen To Appoint Mario Vitale As Co-CEO
Aspen Insurance Holdings Limited announced that Mario P. Vitale will be appointed as co-CEO of Aspen Insurance with effect from 01 January, 2012, when John Cavoores steps down from the role. This appointment is in addition to Mr. Vitale’s current responsibility as President of Aspen US Insurance. In his new role, Mr. Vitale will work jointly... Read more of this article
Best Affirms Aspen Ratings
A.M. Best Europe Ratings Services Limited has affirmed the financial strength ratings of A [Excellent] and the issuer credit ratings [ICR] of “a” of Bermuda-based Aspen Insurance Limited and Aspen Insurance UK Limited. A.M. Best has also affirmed the ICR of “bbb” and the debt ratings of Bermuda’s Aspen Insurance Holdings Limited, the non-operating... Read more of this article
Botein Steps Down From Aspen’s Board
Matthew B. Botein has stepped down from the Board of Directors of Aspen Insurance Holdings Limited. Mr. Botein, who is Managing Director and Head of BlackRock Alternative Investors, has decided to step down due to increased professional commitments at BlackRock. Mr. Botein was a Director of Aspen representing the interests of Blackstone, a founding... Read more of this article
