Dividend on Ordinary Shares increased
HAMILTON, Bermuda--(BUSINESS WIRE)--
The Board of Directors of Aspen Insurance Holdings Limited (“Aspen”)
(NYSE:AHL) 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, 2016.
Aspen’s Board of Directors also declared a dividend on its 7.401%
Perpetual Non-Cumulative Preference Shares with a $25 liquidation
preference per share (the “7.401% Perpetual Preference Shares”) of
$0.462563 per 7.401% Perpetual Preference Share. The dividend is payable
on July 1, 2016 to the holders of record as of the close of business on
June 15, 2016.
In addition, Aspen’s Board of Directors declared a dividend on its
7.250% Perpetual Non-Cumulative Preference Shares with a $25 liquidation
preference per share (the “7.250% Perpetual Preference Shares”) of
$0.4531 per 7.250% Perpetual Preference Share. The dividend is payable
on July 1, 2016 to the holders of record as of the close of business on
June 15, 2016.
The Board of Directors also declared a dividend on its 5.95%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a
$25 liquidation preference per share (the “5.95% Perpetual Preference
Shares”) of $0.3719 per 5.95% Perpetual Preference Share. The dividend
is payable on July 1, 2016 to the holders of record as of the close of
business on June 15, 2016.
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in various
domestic and global markets through wholly-owned subsidiaries and
offices in Australia, Bermuda, France, Germany, Ireland, Singapore,
Switzerland, the United Arab Emirates, the United Kingdom and the United
States. For the year ended December 31, 2015, Aspen reported $11.0
billion in total assets, $4.9 billion in gross reserves, $3.4 billion in
total shareholders’ equity and $3.0 billion in gross written premiums.
Its operating subsidiaries have been assigned a rating of “A” by
Standard & Poor’s Financial Services LLC (“S&P”), an “A” (“Excellent”)
by A.M. Best Company Inc. (“A.M. Best”) and an “A2” by Moody’s Investor
Service, Inc. (“Moody’s”).
Application of the Safe Harbor of the Private Securities Litigation
Reform Act of 1995
This press release may contain written “forward-looking statements”
within the meaning of the U.S. federal securities laws. These statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. 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,
2015 filed with the U.S. Securities and Exchange Commission on February
19, 2016. 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/20160421006001/en/
For further information:
Please
visit www.aspen.co
or contact:
Investors
Aspen
Mark Jones, Senior
Vice President, Investor Relations
+1 (646) 289 4945
mark.p.jones@aspen.co
or
Media
Aspen
Karen
Green, Office of the CEO
+44 20 7184 8110
Karen.Green@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
Carina Davidson or Erin Smith
+1
(212) 371 5999
ccd@abmac.com
eks@abmac.com
Source: Aspen Insurance Holdings Limited