Aspen Appoints Matthew Yeldham as Head of International Insurance
21 April 2007 - 1:45AM
Business Wire
Aspen Insurance Holdings Limited (the �Company�) (NYSE:AHL) today
announced the appointment of Matthew Yeldham as Head of
International Insurance. This is a new role within the Company.
Matt is currently Deputy Chief Underwriting Officer for the Lloyd�s
business at Catlin, a position he assumed when Wellington
Underwriting plc was acquired by Catlin in 2006. Matt will be
responsible for all specialty and insurance products sold outside
the United States. Matt joined Wellington in 1992 and began his
underwriting career in Lloyd�s Syndicate 672 IC Agnew and Others.
He was named Underwriting Director responsible for Casualty and
Marine Underwriting in 2001 and became Deputy Chief Underwriting
Officer in 2006. Wellington was acquired by Catlin in 2006. Matt
will be based in the Company�s London office and will assume his
role in October 2007. He will report directly to Aspen�s Chief
Executive Officer, Chris O�Kane. Chris O�Kane, CEO of Aspen said:
�I have known Matt for many years and am delighted he has chosen to
join Aspen. I look forward to working with him again.� Matt Yeldham
said: �I have the highest regard for Chris and the Aspen team, and
am excited by the opportunity to contribute to Aspen�s growth in
the insurance business.� About Aspen Insurance Holdings Limited
Aspen is a Bermudian holding company providing property and
casualty reinsurance in the global market, property and liability
insurance principally in the United Kingdom and the United States
and specialty insurance and reinsurance consisting mainly of marine
and energy and aviation worldwide. Aspen�s operations are conducted
through its wholly-owned subsidiaries located in London, Bermuda
and the United States: Aspen Insurance UK Limited, Aspen Insurance
Limited and Aspen Specialty Insurance Company. Aspen has four
operating segments: property reinsurance, casualty reinsurance,
specialty insurance and reinsurance and property and casualty
insurance. For more information about Aspen, please visit the
Company�s website at www.aspen.bm. Application of the Safe Harbor
of the Private Securities Litigation Reform Act of 1995 This press
release contains written, and Aspen's officers may make related
oral, "forward-looking statements" within the meaning of the U.S.
federal securities laws regarding the appointment of new hires.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
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,"
"project," "anticipate," "seek," "will," "estimate," "may,"
"continue," 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 release, please see
the "Risk Factors" section in Aspen's Annual Report on Form 10-K
for the year ended December 31, 2006, filed with the U.S.
Securities and Exchange Commission on February 22, 2007.
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