Aspen Insurance Appoints William McElroy Global Head of Environmental
November 11 2015 - 07:00AM
Business Wire
Aspen Insurance, the insurance segment of Aspen Insurance
Holdings Limited (“Aspen”) (NYSE:AHL) announced today that William
McElroy will be appointed Global Head of Environmental, Aspen
Insurance, effective November 16, 2015.
Upon joining Aspen, Bill will lead Aspen Insurance's global
environmental practice, establishing a new global platform around
product capabilities and distribution across various markets and
geographies. His appointment builds on the strong environmental
capabilities Aspen Insurance provides within the U.S. market. Bill
was until recently Senior Vice President at Liberty International
Underwriters.
Mario Vitale commented, "With more than thirty years of
experience, Bill brings a wealth of expertise to Aspen Insurance
that will help us globalize our environmental product offerings. He
will focus on bringing environmental risk transfer solutions to
global customers. Bill will be an important addition to our team
and I am delighted to welcome him to Aspen."
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 its personnel and achievement of Aspen’s
strategies and business plans. 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” 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20151111005396/en/
Please visit www.aspen.co or contact:AspenInvestorsMark
Jones, +1 (646) 289 4945Senior Vice President, Investor
Relationsmark.p.jones@aspen.coorMediaDouglas Menelly, +1
(646) 289 4960Senior Vice President, Aspen
Insurancedoug.menelly@aspen-insurance.comorKaren Green, +44 20 7184
8110Office of the CEO, AspenKaren.Green@aspen.coorInternational -
Citigate Dewe RogersonCaroline Merrell, +44 20 7638
9571caroline.merrell@citigatedr.co.ukorJos Bieneman, +44 20 7638
9571jos.bieneman@citigatedr.co.ukorNorth America – Abernathy
MacGregorCarina Davidson, +1 212-371 5999ccd@abmac.comorAllyson
Vento, +1 212-371 5999amv@abmac.com
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