Aspen News

Pressman Appointed to Aspen’s Board of Directors

Aspen Insurance Holdings Limited announced that the Company’s Board of Directors has appointed Ron Pressman to the Board in a non-executive capacity with immediate effect. He has also been appointed to the Company’s Compensation and Investment Committees. Board Chairman Glyn …

Third Quarter Earnings Reports: Aspen Insurance, Validus Holdings

Bermuda Re/Insurers Announce Q3 Cat Loss Estimates

A number of Bermuda-based re/insurers have announced their respective loss estimates for the third quarter of 2011. The figures given include loss adjustment expenses, and are net of any applicable reinsurance recoveries, reinstatement premiums and taxes. Aspen Insurance Holdings Limited …

Best Affirms Aspen UK, Bermuda Companies and Subs Ratings; Outlook Stable

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 Insurance Limited (AIL) (Bermuda). Best also affirmed the …

Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers

Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched partnering initiatives with several insurers serving the art industry, including AXA …

Aspen Risk Management Adds Flute as Sales Rep

Aspen Risk Management Group has added Al Flute as a sales and service representative in San Diego. Flute has a diverse safety and health background working for The Zenith and Nationwide. His responsibilities included providing safety services to transportation, security, …

Aspen Appoints Calaiaro as Sr. VP – Investor Relations

Bermuda-based Aspen Insurance Holdings Limited announced that the Company has appointed Kerry Calaiaro as Senior Vice President, Investor Relations with immediate effect. She will report to CEO Chris O’Kane, and will be based in New York. Aspen said the “appointment …

Aspen Posts 34% Drop in Net Income for 2010 at $312.7 Million; Q4 $92.7 Million