HAMILTON, Bermuda--(BUSINESS WIRE)--
Aspen Insurance Holdings Limited (“Aspen” or “the Company”)
(NYSE:AHL) announced today that Richard Bucknall and Peter O’Flinn
will not stand for re-election to the Company’s Board of Directors when
their current terms expire at the next Annual General Meeting scheduled
to take place on April 21, 2016. As a result, Messrs. Bucknall and
O’Flinn will no longer serve as Class III Directors of the Company as at
April 21, 2016 and the size of the Company’s Board of Directors will be
reduced to 11.
Mr. Bucknall has been a Director of the Company since July 25, 2007 and
is a member of the Audit Committee, the Corporate Governance and
Nominating Committee and the Risk Committee. Mr. O’Flinn has been a
Director of the Company since April 29, 2009 and is a member of the
Audit Committee and the Chair of the Corporate Governance and Nominating
Committee.
Glyn Jones, Chairman of the Board of Directors, said: “On behalf of the
Board of Directors, I would like to thank Richard and Peter for their
contributions to Aspen during their tenure. Both the Board and executive
management have benefitted greatly from their excellent insights and
robust and constructive inputs.”
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 Aspen’s Board of Directors. 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/20160204005993/en/
For further information:
Please
visit www.aspen.co
or contact:
Investors
Aspen
Mark Jones,
+1-646-289-4945
Senior Vice President, Investor Relations
mark.p.jones@aspen.co
or
Media
Aspen
Karen
Green, +44 20 7184 8110
Office of the CEO
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