Aspen Declares Dividends on Ordinary Shares and Preference Shares
HAMILTON, Bermuda--(BUSINESS WIRE)--Aug 1, 2018--The Board of Directors of Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.24 per ordinary share. The dividend is payable on September 4, 2018 to the holders of record as of the close of business on August 17, 2018.
Aspen’s Board of Directors also 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 October 1, 2018 to the holders of record as of the close of business on September 15, 2018.
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 October 1, 2018 to the holders of record as of the close of business on September 15, 2018.
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, 2017, Aspen reported $12.9 billion in total assets, $6.7 billion in gross reserves, $2.9 billion in total shareholders’ equity and $3.4 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.
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995
This press release may contain written “forward-looking statements” within the meaning of the U.S. federal securities laws. 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,” “do not believe,” “project,” “anticipate,” “seek,” “will,” “estimate,” “may,” “likely,” “continue,” “assume,” “objective,” “aim,” “guidance,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” 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, 2017 as filed with the U.S. Securities and Exchange Commission. 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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Mark Jones, Senior Vice President, Investor Relations
+1 (646) 289 4945
Steve Colton, Head of Group Communications
+44 20 7184 8337
KEYWORD: UNITED STATES BERMUDA NORTH AMERICA CARIBBEAN NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE INSURANCE
SOURCE: Aspen Insurance Holdings Limited
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PUB: 08/01/2018 11:38 AM/DISC: 08/01/2018 11:38 AM