Aspen Declares Dividends on Ordinary Shares, Perpetual PIERS and Perpetual Preference Shares
HAMILTON, Bermuda--(BUSINESS WIRE)-- The Board of Directors of Aspen Insurance Holdings Limited (AHL) (Aspen) has declared a quarterly cash dividend on Aspens ordinary shares of $0.17 per ordinary share. The dividend is payable on August 28, 2012 to the holders of record as of the close of trading on August 10, 2012.
Aspens Board of Directors also declared a cash dividend on its 5.625% Perpetual Preferred Income Equity Replacement Securities (Perpetual PIERS) of $0.703125 per Perpetual PIERS. The dividend is payable on October 1, 2012 to the holders of record as of the close of business on September 15, 2012.
In addition, Aspens Board of Directors declared a dividend on the 7.401% Perpetual Non-Cumulative Preference Shares (the 7.401% Perpetual Preference Shares) of $0.462563 per 7.401% Perpetual Preference Share. The dividend is payable on October 1, 2012 to the holders of record as of the close of business on September 15, 2012.
Further, Aspens Board of Directors declared a dividend on the 7.250% Perpetual Non-Cumulative Preference Shares (the 7.250% Perpetual Preference Shares) of $0.4531 per 7.250% Perpetual Preference Share. The dividend is payable on October 1, 2012 to the holders of record as of the close of business on September 15, 2012.
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, 2011, Aspen reported $9.5 billion in total assets, $4.5 billion in gross reserves, $3.2 billion in shareholders equity and $2.2 billion in gross written premiums. Its operating subsidiaries have been assigned a rating of A (Strong) by Standard & Poors, an A (Excellent) by A.M. Best and an A2 (Good) by Moodys Investors Service.
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, 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 Aspens control that could cause actual results to differ materially from such statements, including changes in market conditions and their impact on our business. 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 Aspens Annual Report on Form 10-K for the year ended December 31, 2011, filed with the U.S. Securities and Exchange Commission on February 28, 2012. Aspen undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Please visit www.aspen.co
Kerry Calaiaro, Senior Vice President, Investor Relations, Aspen
Tim Dickenson, Global Head of Communications, Aspen
+44 20 7184 8034
Europe and Asia Citigate Dewe Rogerson
Justin Griffiths, +44 20 7638 9571
North America Abernathy MacGregor
Allyson Vento, +1 212-371-5999
Source: Aspen Insurance Holdings LimitedCopyright Business Wire 2012