Aspen Insurance UK Appoints Karl Mayr as a Non-Executive Director
May 20 2015 - 7:36AM
Business Wire
Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) is
announcing today the appointment of Karl Mayr as a non-executive
director of Aspen Insurance UK Limited (“AIUK”).
Mr. Mayr has worked in the reinsurance industry for over 35
years, most recently as Vice Chairman of Axis Reinsurance until
2014 and before that as President and CEO of Axis Reinsurance
Europe. Prior to this, he spent over 20 years at GE Frankona
Reinsurance Company. Mr. Mayr currently holds a directorship with
Würzburger Versicherung AG.
Chris O’Kane, Aspen’s Group Chief Executive, said: “I am
delighted that Karl has agreed to join the AIUK Board. I have known
him for many years and he is very highly respected within our
industry. The breadth of his financial services background and in
particular the substantial experience and insights he has of global
reinsurance markets will be a great asset to us as we develop
further our reinsurance footprint. I would like to welcome Karl to
our UK Company Board as a non-executive director and I very much
look forward to working with him.”
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 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 the appointment of directors and achievement
of Aspen’s strategies. 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/20150520005674/en/
Please visit www.aspen.co or
contact:InvestorsAspenKathleen de Guzman,
+1-646-289-4912Senior Vice President, Investor
Relationskathleen.deguzman@aspen.coorAspenMark Jones,
+1-646-289-4945Vice President, Investor
Relationsmark.p.jones@aspen.coorMediaAspenSteve Colton,
+44-20-7184-8337Head of
CommunicationsSteve.Colton@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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