Last €32.36 EUR
Change Today +0.254 / 0.79%
Volume 0.0
BXP On Other Exchanges
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Exchange
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As of 2:02 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

aspen insurance holdings ltd (BXP) Snapshot

Open
€32.36
Previous Close
€32.10
Day High
€32.36
Day Low
€32.36
52 Week High
06/13/14 - €34.57
52 Week Low
10/4/13 - €26.35
Market Cap
2.1B
Average Volume 10 Days
5.0
EPS TTM
--
Shares Outstanding
65.5M
EX-Date
08/7/14
P/E TM
--
Dividend
€0.80
Dividend Yield
1.68%
Current Stock Chart for ASPEN INSURANCE HOLDINGS LTD (BXP)

aspen insurance holdings ltd (BXP) Related Businessweek News

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aspen insurance holdings ltd (BXP) Details

Aspen Insurance Holdings Limited, through its subsidiaries, operates in insurance and reinsurance businesses worldwide. The company’s Insurance segment offers property insurance lines comprising the United States (U.S.) and the United Kingdom commercial property and construction business; and casualty insurance line consisting of commercial liability, excess casualty, the U.S. casualty insurance, and environmental liability. It also provides marine, energy and construction liability, energy physical damage, marine hull, specie, inland marine and ocean risks, and aviation insurance products. In addition, this segment offers financial and professional line insurance products that cover financial and corporate risks, professional liability, management risks, credit and political risks, accident and specialty risks, and surety risks, as well as underwrites property and casualty insurance risks for the various U.S. based program managers. Its Reinsurance segment offers property catastrophe reinsurance; other property reinsurance, including risk excess of loss and proportional treaty reinsurance, and facultative or single risk reinsurance; and casualty reinsurance, including the U.S. treaty, international treaty reinsurance, and casualty facultative reinsurance. This segment also provides specialty reinsurance consisting of credit and surety, agriculture reinsurance, and other specialty lines. The company provides its products primarily through brokers and reinsurance intermediaries. Aspen Insurance Holdings Limited was founded in 2002 and is based in Hamilton, Bermuda.

945 Employees
Last Reported Date: 02/20/14
Founded in 2002

aspen insurance holdings ltd (BXP) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $2.1M
Group Chief Financial Officer and Principal A...
Total Annual Compensation: $1.1M
Chief Executive Officer of Aspen Bermuda and ...
Total Annual Compensation: $1.6M
Chief Executive Officer of Aspen Insurance Gl...
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2013.

aspen insurance holdings ltd (BXP) Key Developments

Aspen Insurance Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for 2015 and 2016

Aspen Insurance Holdings Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net written premiums of $612.7 million compared to $513.4 million a year ago. Net earned premiums were $616.2 million compared to $544.0 million a year ago. Net investment income was $46.1 million compared to $45.9 million a year ago. Operating income before tax was $107.5 million compared to $54.7 million a year ago. Income before tax was $137.0 million compared to $41.1 million a year ago. Net income after tax was $130.8 million compared to $40.1 million a year ago. Book value per ordinary share was $45.81 against $39.98 a year ago. Annualized net income return on average equity of 16.8% and annualized operating return on average equity of 12.8% for the second quarter of 2014 compared with 4.4% and 6.4%, respectively, for the second quarter of 2013. Diluted net income per share of $1.82 for the quarter ended June 30, 2014, compared with diluted net income per share of $0.36 for the second quarter of 2013. Diluted operating income per share of $1.40 for the quarter ended June 30, 2014, an increase of 122.2% from $0.63 for the second quarter of 2013. For the six months, the company reported net written premiums of $1,383.9 million compared to $1,209.7 million a year ago. Net earned premiums were $1,182.7 million compared to $1,054.9 million a year ago. Net investment income was $95.6 million compared to $94.2 million a year ago. Operating income before tax was $223.3 million compared to $146.8 million a year ago. Income before tax was $261.2 million compared to $138.8 million a year ago. Net income after tax was $251.2 million compared to $131.9 million a year ago. Book value per ordinary share as on June 30, 2014 was $45.81 compared to $39.98 as of June 30, 2013. Annualized net income return on average equity of 16.2% and annualized operating return on average equity of 13.8% for the first half of 2014 compared with 8.0% and 8.6%, respectively, for the first half of 2013. Diluted net income per share of $3.48 for the six months ended June 30, 2014 compared with diluted net income per share of $1.52 for the six months ended June 30, 2013. Diluted operating income per share of $2.94 for the six months ended June 30, 2014 compared with diluted operating income per share of $1.70 for the six months ended June 30, 2013. The company continues to expect to achieve an operating return on equity of 11% in 2015, and to achieve an operating return on equity of between 11% and 12% in 2016, assuming normal loss experience.

Aspen Declares Dividends on Ordinary and Perpetual Preference Shares Payable on October 1, 2014

The Board of Directors of Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen's ordinary shares of $0.20 per ordinary share. The dividend is payable on August 27, 2014 to the holders of record as of the close of business on August 11, 2014. Aspen's Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share of $0.462563 per 7.401% Perpetual Preference Share. The dividend is payable on October 1, 2014 to the holders of record as of the close of business on September 15, 2014. In addition, Aspen's Board of Directors declared a dividend on its 7.250% Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share of $0.4531 per 7.250% Perpetual Preference Share. The dividend is payable on October 1, 2014 to the holders of record as of the close of business on September 15, 2014. The Board of Directors also declared a dividend on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share of $0.3719 per 5.95% Perpetual Preference Share. The dividend is payable on October 1, 2014 to the holders of record as of the close of business on September 15, 2014.

Aspen US Insurance Announces Appointment of George Kotsiopoulos as a Vice President, Broker Relationship Leader

Aspen US Insurance appointed George Kotsiopoulos as vice president, broker relationship leader. Kotsiopoulos, who will be based in New York, will oversee strategic broker relationships on a regional and national level. Kotsiopoulos previously served at American International Group Inc. Aspen US Insurance is part of Aspen Insurance Holdings Ltd.

 

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BXP

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Valuation BXP Industry Range
Price/Earnings 9.4x
Price/Sales 1.2x
Price/Book 0.8x
Price/Cash Flow 7.9x
TEV/Sales NM Not Meaningful
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