Aspen Declares Dividends on Preference Shares
01 May 2019 - 11:00PM
Business Wire
The Board of Directors of Aspen Insurance Holdings Limited
(“Aspen”) (NYSE:AHL) has declared a dividend on its 5.95%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares
with a $25 liquidation preference per share (the “5.95% Preference
Shares”) of $0.3719 per 5.95% Preference Share. The dividend is
payable on July 1, 2019 to the holders of record as of the close of
business on June 15, 2019.
In addition, Aspen’s Board of Directors declared a dividend on
its 5.625% Perpetual Non-Cumulative Preference Shares with a $25
liquidation preference per share (the “5.625% Preference Shares”)
of $0.3516 per 5.625% Preference Share. The dividend is payable on
July 1, 2019 to the holders of record as of the close of business
on June 15, 2019.
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, Ireland,
Singapore, Switzerland, the United Arab Emirates, the United
Kingdom and the United States. For the year ended December 31,
2018, Aspen reported $12.5 billion in total assets, $7.1 billion in
gross reserves, $2.7 billion in total shareholders’ equity and $3.4
billion in gross written premiums. Aspen's operating subsidiaries
have been assigned a rating of “A” by Standard & Poor’s
Financial Services LLC (“S&P”), an “A” (“Excellent”) by A.M.
Best Company Inc. (“A.M. Best”) and an “A2” by Moody’s Investors
Service, Inc. (“Moody’s”).
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains written “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, that 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. In particular,
statements using the words such as “expect,” “intend,” “plan,”
“believe,” “project,” “anticipate,” “seek,” “will,” “estimate,”
“may,” “likely,” “continue,” “assume,” “objective,” “aim,”
“guidance,” “outlook,” “trends,” “future,” “could,” “would,”
“should,” “target,” “predict,” “potential,” “on track” or their
negatives or variations, and similar terminology and words of
similar import, generally involve future or forward-looking
statements. The inclusion of forward-looking statements in this
press release or any other communication should not be considered
as a representation by Aspen that current plans or expectations
will be achieved. Forward-looking statements speak only as of the
date on which they are made and Aspen undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future developments or otherwise,
except as required by law.
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 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, 2018, which was filed with the U.S.
Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20190501005197/en/
Enquiries to:Steve Colton,
Global Head of CommunicationsSteve.colton@aspen.co+44 20 7184
8337
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