Aspen Announces Director Appointment
February 08 2017 - 8:00AM
Business Wire
Aspen Insurance Holdings Limited (“Aspen” or “the Company”)
(NYSE:AHL) announces that Matthew Botein has been appointed to its
Board of Directors (“Board”) as a Class I director and as a member
of the Board’s Investment Committee.
Mr. Botein is a Managing Partner of Gallatin Point
LLC, a private investment and advisory firm. Until recently,
he was with BlackRock, Inc. (“BlackRock”) who he joined in
2009. Mr. Botein was appointed Head of BlackRock Alternative
Investors in 2010 and held the positions
of co-Head and Chief Investment Officer of the
alternative investment unit until January
2017. He served as a Managing Director of
BlackRock and was a member of the firm’s global operating
committee.
Mr. Botein has extensive experience in the financial
services industry and has managed portfolio investments in the
banking, insurance, asset management, capital markets, and
financial processing sectors. He served as a Director of Aspen
from 2007 to 2011 and prior to that from 2002 until 2003.
Glyn Jones, Chairman of Aspen, said: “I am delighted that
Matthew is joining the Aspen Board. His wealth of financial
services experience, in particular in the areas of corporate
finance, private equity and asset management, will be a great asset
to Aspen. I would like to welcome Matthew back to the Aspen Board
and I look forward to working with him in the future.”
NOTES TO EDITORS:
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, Canada, 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, an "A" ("Excellent") by A.M. Best
Company Inc. and an "A2" by Moody's Investors 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, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170208005503/en/
Aspen Insurance Holdings LimitedInvestorsMark Jones, +1
646-289-4945Senior Vice President, Investor
Relationsmark.p.jones@aspen.coorMediaSteve Colton, +44 20
7184 8337Head of Group CommunicationsSteve.colton@aspen.co
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