Aspen Seeks Approval for New Insurance Subsidiary in Ireland
This new Irish subsidiary - Aspen Insurance Ireland DAC (“Aspen Ireland”) - will ensure that Aspen can continue serving partners and clients in the European Economic Area (“EEA”) following the United Kingdom’s exit from the
Subject to regulatory approval, it is anticipated that
Classes of insurance business currently planned to be written via
Existing
Aspen does not believe that its reinsurance business will be affected by Brexit, subject to political agreements regarding Solvency II equivalence.
About
Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995
This press release contains written “forward-looking statements” within the meaning of the
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180515005876/en/
Investors
Aspen
Senior Vice President, Investor Relations
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or
Media
Aspen
Head of Group Communications
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