HAMILTON, Bermuda--(BUSINESS WIRE)--
Aspen Insurance Holdings Limited (“Aspen” or the “Company”) (NYSE:
AHL) announces a directorate appointment.
Aspen announces that Gary Gregg has been appointed as a non-executive
director of the Company. Mr. Gregg was with Liberty Mutual Group from
1989 to 2011 where he undertook a number of executive positions within
Liberty Mutual's commercial insurance operations including most recently
as Executive Vice President; President, Liberty Mutual Agency
Corporation. Prior to this, he was with KPMG for almost 10 years where
he became a partner in 1988.
Glyn Jones, Chairman of Aspen, said: “I am delighted that Gary is
joining the Aspen
Board. His wealth of experience and in particular, his extensive
strategic and operational background in the US insurance market, will be
a great asset to Aspen. I would like to welcome Gary to the Board and I
look forward to working with him in the future.”
About Aspen Insurance Holdings Limited (“Aspen”)
Aspen provides reinsurance and insurance coverage to clients in various
domestic and global markets through wholly-owned subsidiaries and
offices in Bermuda, France, Germany, Ireland, Singapore, Switzerland,
the United Kingdom and the United States. For the year ended December
31, 2012, Aspen reported $10.3 billion in total assets, $4.8 billion in
gross reserves, $3.5 billion in shareholders’ equity, and $2.6 billion
in gross written premiums. Its operating subsidiaries have been assigned
a rating of “A” (“Strong”) by Standard & Poor’s, an “A” (“Excellent”) by
A.M. Best and an “A2” (“Good”) by Moody’s Investors Service.
Application of the Safe Harbor of the Private Securities Litigation
Reform Act of 1995
This press release contains "forward-looking" statements regarding
future results and events, including, without limitation, statements
regarding Board appointments. Forward-looking statements include all
statements that do not relate solely to historical or current facts, and
can be identified by the use of words such as “expect,” “intend,”
“plan,” “believe,” “project,” “anticipate,” “seek,” “will,” “estimate,”
“may,” “likely,” “continue,” and similar expressions of a future or
forward-looking nature.
All forward-looking statements rely on a number of assumptions,
estimates and data concerning future results and events and are subject
to a number of uncertainties and other factors, many of which are
outside Aspen’s control that could cause actual results to differ
materially from such statements, including our ability to consummate the
transactions contemplated by the terms of the accelerated share
repurchase agreement, the share price and share volumes which may impact
timing of repurchases, changes in market conditions and the impact on
our business of such factors. For a detailed description of
uncertainties and other factors that could impact the forward-looking
statements in this press release, please see the “Risk Factors” section
in Aspen’s Annual Report on Form 10-K for the year ended December 31,
2012, filed with the U.S. Securities and Exchange Commission on February
26, 2013. Aspen undertakes no obligation to update or revise publicly
any forward-looking statements, whether as a result of new information,
future events or otherwise.
For further information
Please visit www.aspen.co
or contact:
Investors
Kerry Calaiaro, +1 646-502-1076
Senior
Vice President, Investor Relations, Aspen
Kerry.Calaiaro@aspen.co
or
Media
Steve
Colton, +44 20 7184 8337
Head of Communications, Aspen
Steve.Colton@aspen.co
or
International
– Citigate Dewe Rogerson
Caroline Merrell or Jos Bieneman, +44 20
7638 9571
caroline.merrell@citigatedr.co.uk
jos.bieneman@citigatedr.co.uk
or
North
America – Abernathy MacGregor
Allyson Vento, +1 212-371-5999
amv@abmac.com
Source: Aspen Insurance Holdings Limited