Hashtag: #AspenInsuranceHoldings
Aspen Segment Leadership Appointments
Aspen Insurance Holdings Limited announced new leaders for its Insurance and Reinsurance segments. Stephen Postlewhite, previously Chief Executive Officer, Aspen Reinsurance, has been appointed Chief Executive Officer, Aspen Insurance with immediate effect. Thomas Lillelund, previously Managing Director, Asia Pacific, for Aspen Reinsurance, succeeds... Read more of this article
Aspen Re Appoint Cardona As Managing Director
Aspen Insurance Holdings Limited announced that its reinsurance segment, Aspen Re has appointed Hugo A. Cardona as Managing Director for Latin America and Caribbean. Mr Cardona will join Aspen on May 2 from Odyssey Reinsurance Company where he was Chief Underwriting Officer and Senior Vice President, Latin America, Brazil & Caribbean. He succeeds... Read more of this article
Aspen Insurance Report Net Income Of $114.4M
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $114.4 million, or $1.68 per diluted share, and operating income after tax of $89.9 million, or $1.29 per diluted share, for the first quarter of 2016. Chris O’Kane, Chief Executive Officer, commented, “Aspen has started the year well, with solid first quarter underwriting... Read more of this article
Aspen Dividends On Ordinary, Preference Shares
Bermuda-based Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.22 per ordinary share. The amount payable has increased by $0.01 per ordinary share from Aspen’s previous quarterly dividend. The dividend is payable on May 25, 2016 to the holders of record as of the close of business on May 9,... Read more of this article
Aspen Insurance Appoints Lorraine Seib
Bermuda-based Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, announced the appointment of Lorraine Seib as Global Head of Excess Casualty. Reporting to David Cohen, President & Chief Underwriting Officer, she will be based in New York and will focus on delivering creative, problem-solving excess casualty coverage solutions... Read more of this article
Aspen Opens New Reinsurance Hub In Dubai
Bermuda-based Aspen Insurance Holdings Limited announced today [April 11] that its reinsurance segment has opened a new hub for the Middle East and Africa in Dubai. The establishment of a reinsurance hub in Dubai is consistent with Aspen Re’s strategy of maximizing opportunities in markets with profitable growth potential, the company said. Stephen... Read more of this article
Aspen Insurance Declares Dividends On Shares
The Board of Directors of Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.21 per ordinary share. The dividend is payable on March 8, 2016 to the holders of record as of the close of business on February 19, 2016. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article
Aspen Insurance Net Income: $117.9 Million
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $117.9 million, or $1.75 per diluted share, and operating income after tax of $84.0 million, or $1.21 per diluted share, for the fourth quarter of 2015. Chris O’Kane, Chief Executive Officer, commented, “2015 was a year of significant progress across Aspen. We continued... Read more of this article
Aspen Announces Acquisition Of AgriLogic
Bermuda-based Aspen Insurance Holdings Limited announced today [Jan 20] that it has acquired AgriLogic Insurance Services, LLC and certain affiliates [AgriLogic] for cash in a transaction that further diversifies its portfolio of specialty insurance business and complements Aspen’s strategy of building businesses which are founded on deep technical... Read more of this article
Aspen Insurance Appoints Robert Rokicki
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited has announced the appointment of Robert Rokicki as Senior Vice President, Head of Onshore Energy & Construction for the Americas. Reporting to Tim Kania, Global Head of Energy & Construction, Mr Rokicki will be based in New York and will focus on driving targeted growth... Read more of this article
Aspen: New Global Product Heads For Insurance
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, has announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product capabilities and distribution: Oliver Brew has been appointed Executive Vice President, Global Head of Cyber Risk & Head of International... Read more of this article
Aspen Reinsurance Renews Silverton For 2016
Aspen Reinsurance [Aspen Re], the reinsurance segment of Aspen Insurance Holdings Limited [Aspen], announces that its Aspen Capital Markets division renewed Silverton Re Ltd. [Silverton Re] for 2016. Silverton Re, a Bermuda-domiciled special purpose insurer, was established in December 2013 to provide additional collateralized capacity to support Aspen... Read more of this article
Aspen Appoints Karl Mayr To Board Of Directors
Bermuda-based Aspen Insurance Holdings Limited announces that Karl Mayr has been appointed to its Board of Directors as a Class III director and as a member of the Board’s Risk Committee. Mr. Mayr has over thirty years of experience in the reinsurance sector, primarily in Europe, across a number of product lines in both an underwriting capacity... Read more of this article
AM Best Revises Aspen’s Issuer Credit Rating
A.M. Best has revised the outlook for the issuer credit ratings [ICR] to positive from stable and affirmed the financial strength rating [FSR] of A [Excellent] and the ICRs of “a” of Aspen Insurance UK Limited, Aspen Bermuda Limited [ABL] [Bermuda], Aspen American Insurance Company and Aspen Specialty Insurance Company. A statement from the ratings... Read more of this article
Aspen Insurance Appoints David Adamczyk
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Limited, announced today that David Adamczyk will be appointed Executive Vice President, Rail, Aspen Insurance, effective November 30, 2015. Upon joining Aspen, Mr Adamczyk will report to Bob Rheel, President, Aspen U.S. Insurance. He will establish a railroad business... Read more of this article
Aspen New Global Environmental Head: McElroy
William McElroy will be appointed Global Head of Environmental at Aspen Insurance effective November 16, 2015. Upon joining Aspen, Mr McElroy will lead Aspen Insurance’s global environmental practice, establishing a new global platform around product capabilities and distribution across various markets and geographies. His appointment builds... Read more of this article
