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Aspen Appoints Head Of U.S. Primary Casualty

Aspen Appoints Head Of U.S. Primary Casualty

Bermuda-based Aspen Insurance has announced the appointment of Sean McPhillips as Senior Vice President, Head of U.S. Primary Casualty. Based in New York and reporting to David Cohen, President and Chief Underwriting Officer, Aspen Insurance, he will lead the planning, strategy and execution of the Primary Casualty operation throughout the U.S. He... Read more of this article

Aspen Appoints Head Of International Marine

Aspen Appoints Head Of International Marine

Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, has announced the appointment of Christopher Wildee as Head of International Marine. Based in London and reporting to Ann Haugh, President, Aspen International Insurance and Chief Operating Officer, Aspen Insurance, Mr. Wildee will also retain his current role as Head of International... Read more of this article

Aspen Appoint New Head Of Energy/Construction

Aspen Appoint New Head Of Energy/Construction

Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, has announced the appointment of Erik Armellino as International Head of Onshore Energy & Construction. Mr. Armellino has more than 20 years of experience managing a broad range of energy and construction insurance products. Reporting to Ann Haugh, President, Aspen International... Read more of this article

Aspen Appoints New Global Product Heads

Aspen Appoints New Global Product Heads

Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited, has announced the appointments of Mike Toppi as Global Head of Surety Risk and Paul Sanders as Global Head of Credit & Political Risk. These appointments are part of Aspen Insurance’s strategy to leverage its global platform and better align product capabilities and distribution.... Read more of this article

Aspen Segment Leadership Appointments

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 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

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

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

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

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

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

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