Hashtag: #AspenInsuranceHoldings
Aspen Declare $0.20 Quarterly Dividend
Bermuda-based Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.20 per ordinary share. The amount payable has increased by $0.02 per ordinary share, or 11.1%, from Aspen’s previous quarterly dividend of $0.18 per ordinary share. The dividend is payable on May 28, 2014 to the holders of record... Read more of this article
Endurance On Aspen’s “Vehement Refusal”
Endurance Specialty Holdings Ltd. today [Apr 21] said that the “vehement refusal” of Aspen Insurance Holdings Ltd. to consider its $3.2 billion proposal “continues to deny its shareholders the ability to receive a highly attractive premium and an ongoing stake in a global industry leader.” The two Bermuda-based re/insurers have... Read more of this article
Aspen Hits Back After Endurance’s Proposal
Yesterday [Apr 20] Aspen Insurance Holdings Ltd. issued a letter to shareholders regarding a previously disclosed unsolicited proposal from Endurance Specialty Holdings Ltd. to acquire Aspen for $3.2 billion. The two Bermuda-based re/insurers have been going back and forth since Aspen unanimously rejected Endurance’s proposal earlier this month. Glyn... Read more of this article
Endurance Comment On Aspen’s “Poison Pill”
A few days after rejecting a $3.2 billion takeover proposal from a fellow Bermuda-based re/insurer, Aspen Insurance Holdings Ltd said they adopted a shareholders rights plan which is “designed to deter abusive tactics from being used in a proposed takeover.” They resolved to issue one preferred share purchase right on each share of the... Read more of this article
Endurance Ltd. Comment On Aspen’s Rejection
Bermuda-based Endurance Specialty Holdings Ltd commented on Aspen Insurance Holdings Limited’s summary rejection of its proposal to acquire all of the common shares of Aspen for $3.2 billion. In rejecting the unsolicited proposal, Glyn Jones, Chairman of Aspen’s Board of Directors, said: “After careful review and deliberation, the Board... Read more of this article
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
