HAMILTON, Bermuda--(BUSINESS WIRE)--
Aspen Insurance Holdings Limited (“Aspen” or “the Company”)
(NYSE:AHL) announces that Karl Mayr has been appointed to its Board of
Directors (“Board”) as a Class III director and as a member of the
Board’s Risk Committee.
Karl 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 and in managerial roles. Mr. Mayr worked at Axis
from 2003 to 2015 where his most recent roles were as Vice Chairman of
Axis Reinsurance and President and Chief Executive Officer of Axis Re
Europe. Prior to this, Mr. Mayr was at GE Frankona Reinsurance Company.
Mr. Mayr has been a director of Aspen Insurance UK Limited and a member
of its Risk Committee since June 2015.
Glyn Jones, Chairman of Aspen, said: “I am delighted that Karl is
joining the Aspen Board. His wealth of experience and his extensive
strategic and operational background in the reinsurance sector will be a
great asset to Aspen. I would like to welcome Karl to the Board and I
look forward to working with him in the future.”
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in various
domestic and global markets through its subsidiaries and offices in
Australia, Bermuda, France, Germany, Ireland, Singapore, Switzerland,
the United Kingdom and the United States. For the year ended December
31, 2014, Aspen reported $10.7 billion in total assets, $4.8 billion in
gross reserves, $3.4 billion in total shareholders’ equity and $2.9
billion in gross written premiums. Its operating subsidiaries have been
assigned a rating of “A” (“Strong”) by Standard & Poor’s Financial
Services, an “A” (“Excellent”) by A.M. Best Company Inc. and an “A2”
(“Good”) by Moody’s Investor Service, Inc.
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,” “do not believe,” “aim,” “project,” “anticipate,”
“seek,” “will,” “likely,” “assume,” “estimate,” “may,” “continue,”
“guidance,” “objective,” “outlook,” “trends,” “future,” “could,”
“would,” “should,” “target,” “on track” 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. 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,
2014 filed with the U.S. Securities and Exchange Commission on February
23, 2015. Aspen undertakes no obligation to update or revise publicly
any forward-looking statements, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151202006437/en/
Please visit www.aspen.co
or contact:
Investors
Mark Jones, Senior Vice
President, Investor Relations, Aspen
mark.p.jones@aspen.co
+1
(646) 289 4945
or
Media
Karen Green, Office of the
CEO, Aspen
Karen.Green@aspen.co
+44
20 7184 8110
or
International – Citigate Dewe Rogerson
Caroline
Merrell or Jos Bieneman
caroline.merrell@citigatedr.co.uk
jos.bieneman@citigatedr.co.uk
+44
20 7638 9571
or
North America – Abernathy MacGregor
Carina
Davidson or Allyson Vento
ccd@abmac.com
amv@abmac.com
+1
(212) 371 5999
Source: Aspen Insurance Holdings Limited