Aspen Insurance Holdings Limited (AHL) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $0.40 earnings per share for the quarter, missing the analyst consensus estimate by $-0.29. Analysts had a consensus of $0.69. The company posted revenue of $680.80 million in the period, compared to analysts expectations of $734.44 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS.
Aspen Insurance Holdings Limited opened for trading at $45.5 and hit $46.1175 on the upside on Thursday, eventually ending the session at $46.05, with a gain of 0.90% or 0.41 points. The heightened volatility saw the trading volume jump to 4,71,387 shares. Company has a market cap of $2,796 M.
In a different news, on Jun 9, 2016, John Paul Cavoores (director) sold 2,012 shares at $47.53 per share price. According to the SEC, on May 9, 2016, Brian Boornazian (Chairman Aspen Re) sold 720 shares at $46.60 per share price. On Nov 20, 2015, Kane Christopher O (CEO) sold 63,500 shares at $50.17 per share price, according to the Form-4 filing with the securities and exchange commission.
Aspen Insurance Holdings Limited (Aspen Holdings) is a Bermuda-based holding company. The Company conducts insurance and reinsurance business through its principal Operating Subsidiaries: Aspen U.K. and AUL Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (United States). The Company operates in the global markets for property and casualty insurance and reinsurance. The Company operates in two segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). The Companys insurance segment is comprised of: property and casualty insurance; marine aviation and energy insurance; and financial and professional lines insurance. The Companys reinsurance segment is comprised of: property catastrophe reinsurance (including the business written through Aspen Capital Markets); other property reinsurance; casualty reinsurance; and specialty reinsurance.