Aspen Insurance Appoints Head Of Energy Property Damage

Aspen International Insurance (“Aspen Insurance”), part of the insurance segment of Aspen Insurance Holdings Limited (NYSE: AHL), announces the appointment of Christopher Wildee as Head of Energy Property Damage, London.

Reporting to Rupert Villers, Chairman of Aspen Insurance, Christopher will be responsible for developing and enhancing Aspen Insurance’s capabilities and profile in this fast-growing sector.

Rupert Villers said: “Christopher has considerable insurance and global industry experience and he is ideally qualified to lead our Energy Property Damage team in London. This is an important market segment for us and I am delighted to welcome him to the team.”

Christopher will join Aspen Insurance from Chaucer Singapore Pte Ltd where he was, until recently, Chief Executive Officer and Chief Underwriter. He was responsible initially for establishing all business lines including Energy (and associated Liability), Marine, Power and Political and then managing Chaucer Singapore on behalf of their Lloyd’s Syndicate. In addition to his CEO and Chief Underwriter role which he had undertaken since 2006, Christopher was also Development Director, Asia Pacific from 2012 with responsibility for the development of all lines of business across the region. Christopher was previously with Wellington Syndicate 2020 for eight years, first as Energy Underwriter, Energy and Liability Account and then as Divisional Underwriter, Energy Property. He played a lead role within the account at Lloyd’s as well as managing a team across upstream / downstream energy and power.

About Aspen Insurance Holdings Limited (“Aspen”)

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, 2012, Aspen reported $10.3 billion in total assets, $4.8 billion in gross reserves, $3.5 billion in total shareholders’ equity and $2.6 billion in gross written premiums. Its operating subsidiaries have been assigned a rating of “A” (“Strong”) by Standard & Poor’s, an “A” (“Excellent”) by A.M. Best and an “A2” (“Good”) by Moody’s.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995

This press release contains "forward-looking" statements regarding future results and events, including, without limitation, statements regarding the Company's appointment of key personnel and achievement of its business plans. 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,” “likely,” “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 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, 2012, filed with the U.S. Securities and Exchange Commission on February 26, 2013. Aspen undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright Business Wire 2010

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