Aspen Insurance Holdings Limited was formed in Bermuda in June 2002, quickly followed by our UK subsidiary – formerly known as Wellington Re – with a focus on property and casualty reinsurance and UK commercial insurance. We started trading shares on the New York Stock exchange in December 2003 and today have offices in 25 cities across eight countries around the world – trading in a wide spectrum of insurance and reinsurance specialties, including: US and UK property insurance; Global Excess Casualty insurance; Financial and Professional lines; Marine, Aviation & Transportation; and a number of specialty reinsurance lines.
Starting with total assets in the region of $1.2 billion in 2002, Aspen Insurance and Aspen Re have increased our total combined assets to $9.5 billion at the year ended 31 December 2011.
We have won numerous awards including Best Global Reinsurance Company for Specialty Lines by Reactions magazine for two consecutive years and continue to receive a rating of A (Strong) from Standard & Poor’s and (A) Excellent from A.M. Best.
Find out more about our company development in the Aspen timeline.