Aspen Capital Markets Appoints Chief Operating Officer

HAMILTON, Bermuda--()--Aspen Insurance Holdings Limited (“Aspen”) is pleased to announce the appointment of Chris Lee as Chief Operating Officer (“COO”) of Aspen Capital Markets, the alternative reinsurance arm of Aspen Capital Partners.

Based in Bermuda, Chris will be responsible for driving strategic investments in technology and change to support the continued growth of Aspen Capital Markets. Chris will work in close partnership with Aspen’s operations and technology teams to implement best practices in processes, systems and data to further enhance the Aspen Capital Markets value proposition.

Chris joins from Hiscox Re & ILS , where he initially led the firm’s data and insights strategy as Head of Insight before assuming the role of COO.

Brian Tobben, CEO, Aspen Capital Partners, said:We are delighted to welcome Chris to the team and look forward to his contribution to the capital markets franchise. We are confident that he will be a valued addition as we expand our product offerings to investors.”

Chris Lee added:I am excited to be joining Aspen Capital Markets at such an exciting part of its journey, and I look forward to working with Brian and the team to realize Aspen’s ambitions.”

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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, Singapore, Switzerland, the United Kingdom and the United States. For the year ended December 31, 2021, Aspen reported $13.8 billion in total assets, $7.6 billion in gross reserves, $2.8 billion in total shareholders’ equity and $3.9 billion in gross written premiums. Aspen's operating subsidiaries have been assigned a rating of “A” (“Excellent”) by A.M. Best Company Inc. and an “A-” (Strong) by Standard & Poor’s Financial Services LLC. For more information about Aspen, please visit www.aspen.co.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain 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,” “aim,” “project,” “anticipate,” “seek,” “will,” “likely,” “assume,” “estimate,” “may,” “continue,” “guidance,” “objective,” “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 forward-looking statements.

Source: Aspen Insurance Holdings Limited

Contacts

Media
Cecile Locurto
Vice President, Aspen Group Communications
Cecile.locurto@aspen.co
646-352.2828

Tom Blackwell,
Managing Director, FTI Consulting
Tom.Blackwell@fticonsulting.com
+44 (0) 7515 597 866

Release Summary

ASPEN CAPITAL MARKETS APPOINTS CHIEF OPERATING OFFICER

Contacts

Media
Cecile Locurto
Vice President, Aspen Group Communications
Cecile.locurto@aspen.co
646-352.2828

Tom Blackwell,
Managing Director, FTI Consulting
Tom.Blackwell@fticonsulting.com
+44 (0) 7515 597 866