Hashtag: #AspenInsuranceHoldings
Aspen To Expand Operations Into Singapore
Bermuda-based Aspen Insurance Holdings Limited announced the entry of its insurance segment, Aspen Insurance, into Singapore through Aspen’s Lloyd’s syndicate on the Lloyd’s Asia platform from 1 January 2016, subject to regulatory approval. “The establishment of Aspen’s insurance presence in Singapore is consistent with Aspen’s strategy... Read more of this article
O’Kane: “Aspen Achieved An Excellent Result”
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $28.2 million, or $0.30 per diluted share, and operating income after tax of $67.2 million, or $0.93 per diluted share, for the third quarter of 2015. Chris O’Kane, Chief Executive Officer, commented, “Aspen achieved an excellent result in the third quarter, with a... Read more of this article
David Cohen Joins Aspen Insurance Holdings
Aspen Insurance Holdings Limited announced the appointment of David Cohen as President and Chief Underwriting Officer of its insurance segment, Aspen Insurance. “David was until recently President US and Global Casualty Chief Underwriting Officer, at Liberty International Underwriters. He will be a member of Aspen’s group executive team and... Read more of this article
Aspen Declares Dividends On Ordinary Shares
The Board of Directors of Aspen Insurance Holdings Limited declared a quarterly cash dividend on Aspen’s ordinary shares of $0.21 per ordinary share. The dividend is payable on December 1, 2015 to the holders of record as of the close of business on November 13, 2015. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article
Aspen Provides Initial Estimate Of Q3 Losses
Aspen Insurance Holdings Limited announced an initial estimate of approximately $50 million in total pre-tax losses related to the explosion in the port of Tianjin, China on August 12, 2015 and natural catastrophes in the third quarter of 2015. The total estimated losses primarily impact Aspen’s Reinsurance segment. Aspen estimates approximately... Read more of this article
Aspen Reinsurance Appoints Christian Dunleavy
Aspen Reinsurance the reinsurance segment of Aspen Insurance Holdings Limited, has appointed Christian Dunleavy as Head of Global Property Catastrophe. Mr Dunleavy is joining Aspen Re today [September 8] from Axis Reinsurance where he was until recently a Senior Vice President, responsible for U.S. Property Treaty, Caribbean Property and Workers Compensation... Read more of this article
Aspen Insurance Q2 Net Income: $49 Million
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $49 million, or $0.62 per diluted share, and operating income after tax of $72.2 million, or $0.99 per diluted share, for the second quarter of 2015. Chris O’Kane, Chief Executive Officer, commented, “Through the first half of the year we continued to execute on our... Read more of this article
Aspen Declares Dividends On Ordinary 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 August 25, 2015 to the holders of record as of the close of business on August 7, 2015. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article
Aspen Appoints Grace Fortune As Senior VP
Aspen U.S. Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Limited, announced that Grace Fortune has joined as Senior Vice President, Product Line Leader, Products Liability. Reporting to Roxanne Mitchell, Executive Vice President, Casualty, Aspen U.S. Insurance, Grace will be based in Chicago and will lead Products... Read more of this article
Aspen U.S. Insurance Appoints Russell Brown
Aspen U.S. Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Limited, announced that Russell Brown has joined as Senior Vice President, Head of U.S. Distribution. Reporting to Bob Rheel, EVP and Head of U.S. Property & Casualty Insurance, Russell will lead distribution and sales across Aspen U.S. Insurance. Working... Read more of this article
Aspen Appoint De Couto To Portfolio Analytics
Aspen Reinsurance [Aspen Re], the reinsurance segment of Aspen Insurance Holdings Limited, has appointed Douglas De Couto Head of Portfolio Analytics. Mr. De Couto will be joining Aspen Re from RenaissanceRe where he was until recently Assistant Vice President, Corporate Risk, a role in which he led a team responsible for proprietary model data, primarily... Read more of this article
Aspen Insurance Appoints Senior Management
Bermuda-based Aspen Insurance Holdings Limited announced two senior management appointments in its insurance segment, Aspen Insurance. Bob Rheel has been appointed President of Aspen U.S. Insurance with effect from August 1, 2015, reporting to Mario Vitale, Chief Executive Officer of Aspen Insurance. Bob currently serves as Head of U.S. Property &... Read more of this article
Mayr Appointed Non-Executive Director At AIUK
Aspen Insurance Holdings Limited announced appointment of Karl Mayr as a non-executive director of Aspen Insurance UK Limited [AIUK]. Mr. Mayr has worked in the reinsurance industry for over 35 years, most recently as Vice Chairman of Axis Reinsurance until 2014 and before that as President and CEO of Axis Reinsurance Europe. Prior to this, he spent... Read more of this article
Aspen Appoints Andrew Parker & Paul Wedlock
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, announces the appointments of Andrew Parker as Head of its Australian branch in Sydney and Senior Underwriter and Paul Wedlock as Senior Underwriter, both within its Asia Pacific region. Andrew Parker is joining Aspen Re from Hannover Re and will report to Thomas Lillelund,... Read more of this article
Aspen Insurance Senior Management Transitions
Aspen Insurance Holdings Limited announced a senior management transition in its insurance segment, Aspen Insurance. Rupert Villers, Chairman of Aspen Insurance and President of Aspen International Insurance, has decided to step down from the Company at the end of October 2015. He will remain President of International Insurance until the end of July... Read more of this article
Aspen 2015 First Quarter Net Income: $128M
Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $128.0 million, or $1.87 diluted net income per share, for the first quarter of 2015. Chris O’Kane, Chief Executive Officer, commented, “In the first quarter of 2015, Aspen continued to execute on its strategic growth plan achieving a book value of $46.02 and an annualized... Read more of this article
