Aspen
-
The executive replaces Mike Warwicker, who left the firm earlier this year. -
The underwriter has held positions at The Hanover, Liberty Mutual and Zurich.
-
The company completed its upsized IPO last week and traded up to 1.3x book.
-
The company’s upsized public offering priced at $30 per ordinary share.
-
The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
-
The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
-
We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
-
The carrier is targeting an IPO valuation between $2.6bn and $2.9bn.
-
The carrier is offering shares priced at $29-$31.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
In October, this publication revealed that the carrier had resumed IPO preparations.
-
Cat losses in reinsurance rose 11.1% year over year to $45.1mn, driven by Hurricane Helene.
Related
-
Aspen appoints R&Q’s Bradbrook CFO
November 04, 2024 -
Aspen revs up IPO preparations again to give Q1 optionality
October 22, 2024 -
Coalition launches cyber reinsurance intermediary with Aspen-led capacity
September 09, 2024 -
Q2 earnings roundup August 14: Fidelis, Aspen
August 14, 2024