Latest Aspen Insurance Headlines
All the headlines from our Aspen Insurance Topic Page, ordered by recency.
People – East
Jul 23 2012 // Pawtucket, R.I.-based Narragansett Bay Insurance Company recently named Todd Hart as the new chief executive officer. Narragansett Bay founder Nick Steffey, who has stepped down from the CEO role, will continue as...
Vitale Becomes Sole CEO of Aspen Insurance; Villers Named Chairman
Jun 27 2012 // Aspen Insurance Holdings Limited announced this week Mario Vitale, who has been serving as co-CEO of Aspen Insurance division alongside Rupert Villers, will become the sole CEO of the division, effective July 1. Vitale...
Aspen Insurance, Swiss Re Execs Join AIA Board
Mar 16 2012 // Mario Vitale, co-CEO of Aspen Insurance in New York, and Robert Solitro, chairman of Swiss Re Corporate Solutions U.S. Cos. in Manchester, N.H., have been elected as new board members of the American Insurance...
Vitale Appointed as New York-based Co-CEO of Aspen Insurance
Oct 17 2011 // Aspen Insurance Holdings appointed Mario Vitale as co-CEO of Aspen Insurance, effective Jan. 1, 2012. He replaces John Cavoores who will be leaving that post at the end of the year. He will work jointly with Rupert...
Best Affirms Aspen UK, Bermuda Companies and Subs Ratings; Outlook Stable
Oct 14 2011 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen...
First Quarter Earnings Reports: AXIS Capital, Aspen Re
May 2 2011 //
Aspen Insurance Adds Inland Marine, Ocean Marine Cargo Insurance
Nov 18 2010 // Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines...
Martell Joins Aspen Insurance Agency
Apr 21 2009 // Manchester, New Hampshire based Aspen Insurance Agency has named Patrick Martell as an account executive. Martell has held several key positions in his 20-year insurance career, most recently in a sales capacity for a...
Aspen to Open Australia Branch
Dec 16 2008 // Bermuda-based Aspen Insurance Holdings Limited announced that its subsidiary, Aspen Insurance UK Limited, has been authorized by the Australian Prudential Regulation Authority to operate as a branch insurer to underwrite...
Ratings Recap: Thai Re, Aspen, Valiant, Qatar Insurance
Dec 10 2007 // Standard & Poor’s Ratings Services has raised its long-term local currency counterparty credit and insurer financial strength ratings on Thai Reinsurance Public Co. Ltd. (Thai Re) to ‘A-‘ from...
Aspen Re Expands European Operations with Zurich Office
Jun 15 2007 // Aspen Re, a subsidiary of Aspen Insurance Holding Limited, announced the launch of Aspen Re in Europe along with plans to open an office, to be based in Zurich, that will act as the hub for Aspen’s European...
Aspen Names Cusack Bermuda Insurance Chairman, CEO; Appoints 3 New Directors
Nov 3 2006 // Bermuda-based Aspen Insurance Holdings Limited has appointed Julian Cusack, currently its CFO, to the expanded role of Chairman and CEO of Aspen Insurance Limited (AIL), Bermuda. He will step down as CFO once a successor...
Aspen Names Boornazian to New Post – Head of Reinsurance
Jun 8 2006 // Bermuda-based Aspen Insurance Holdings Limited has named Brian Boornazian to the newly created position of Head of Reinsurance of Aspen. He will retain his current position as President of Aspen Re America as well as its...
S&P Affirms Aspen’s Ratings; Removes from CreditWatch
Nov 23 2005 // The London office of Standard & Poor’s Ratings Services announced that it has “affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on U.K.-based Aspen...
Aspen Insurance Holdings Ltd. Unveils Q4, 2004 Report
Mar 4 2005 // Bermuda-based Aspen Insurance Holdings Ltd. reported a net income of $72.2 million, or $1.01 per diluted share, for the three months ended Dec. 31, 2004 and net income of $195.1 million, or $2.74 per diluted share, for the...
Best Affirms U.K.’s Aspen Re Ratings; Assigns Issuer Credit Rating
Oct 27 2004 // A.M. Best Co. announced that it has affirmed the “A” (Excellent) financial strength rating of Aspen Insurance UK Limited (Aspen Re) and assigned an issuer credit rating (ICR) of “a” to the company....
Aspen Announces Plans to Expand and Diversify; Best Comments
Oct 1 2004 // Aspen Insurance Holdings Limited announced from its Bermuda headquarters the next stages in the development of its corporate strategy as it expands its business in Bermuda and further diversifies its operations. “In...
Aspen Insurance Holdings Prices Notes
Aug 12 2004 // Aspen Insurance Holdings Limited announced the pricing of a 10 year $250 million 6 percent Senior Notes offering under Rule 144A and Regulation S of the Securities Act of 1933. “The Senior Notes will mature on August...
Aspen Insurance Reports Q2 Results
Aug 4 2004 // Bermuda-based Aspen Insurance Holdings Ltd. reported net income of $80.9 million, or $1.13 per diluted share, for the three months ended June 30, 2004 and $165.9 million, or $2.31 per diluted share for the six months to...
