Aspen Insurance Holdings Limited Review 2019 through its subsidiaries, engages in insurance and reinsurance businesses in Bermuda, the United States, the United Kingdom, and internationally.
The company’s Aspen Insurance segment offers casualty and property insurance products, including U.K. and U.S. commercial property, U.S. primary casualty, commercial liability, environmental liability, excess casualty and railroad liability products; aviation and marine and energy insurance products, such as marine and energy liability, onshore and offshore energy physical damage, specie, marine hull, inland and ocean marine, and aviation insurance products.
This segment provides professional and financial lines insurance products having corporate and financial risks, management liability, professional liability, credit and political risks, crisis management, surety risks, accident and health, and technology liability insurance products.
Aspen Insurance Holdings Limited Review 2019
The company’s Aspen Reinsurance segment offers property catastrophe reinsurance products; other property reinsurance products; casualty reinsurance products including international treaty, U.S. treaty, and casualty facultative reinsurance products along with specialty reinsurance products comprising credit and surety, mortgage, agriculture, terrorism, marine, aviation engineering, cyber, and other specialty lines. It distributes its products primarily through reinsurance intermediaries brokers.
The company was founded in 2002 and is headquartered in Hamilton located in Bermuda. As of 15th February 2019, Aspen Insurance Holdings Limited was taken private. We are leading reinsurance and global specialty insurance company.
We specialize in providing customized solutions to clients and brokers across an array of geographies, products, and perils. Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in various locations which include Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom, and the USA.
In the year ended 31st December 2017, Aspen reported $12.8 billion in total assets, $6.5 billion in gross reserves, $2.69 billion in total shareholders’ equity and $3.29 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.
Since Aspen’s founding in the year 2002, it has become a leading, diversified specialty insurance and reinsurance company. Aspen Insurance concentrates on global product management with regional underwriting to increase our relevance to clients and broker partners.
Each of our insurance business lines is run by highly experienced and respected experts with in-depth knowledge of the industries we serve, as well as an exceptional ability to create targeted product solutions.
Aspen Re is renowned for its exceptional expertise in managing and assessing risks. We focus on building long-term relationships with clients who have track records for sound underwriting that make risk transfer a vital aspect of their business needs.
We respond creatively and thoughtfully to find the best outcomes for our clients through carefully-tailored insurance solutions. Our insights and informed opinions add value to the strong relationships we have with our partners across a range of geographies.
It is experience, expertise and thoughtfulness which make Aspen’s people some of the most creative in the industry. We inspire excellence in an environment where the most talented people can come together with a belief in always delivering for our clients. Aspen Insurance Holdings Limited Review 2019