Chris O'Kane, chief executive officer of Bermuda-based reinsurer Aspen Insurance Holdings Limited, will ring the closing bell at the New York Stock Exchange tomorrow commemorating the firm's five-year anniversary, the company said.

Mr. O'Kane will be joined by executives and guests of Aspen. The company was established in 2002 and listed its shares on the NYSE in 2003.

May 3, Aspen reported first quarter net income increased 97 percent to $121.9 million, an annualized return on average equity of 22.9 percent and total assets of $6.9 billion.

For the full year 2006 the company reported $1.9 billion of gross written premiums (top line) and net income of $378.1 million.

Aspen provides property and casualty reinsurance to the global market, property and liability insurance principally in the United Kingdom and the United States and specialty insurance and reinsurance consisting mainly of marine and energy and aviation worldwide.

Aspen's operations are conducted through its wholly-owned subsidiaries located in London, Bermuda and the United States: Aspen Insurance UK Limited, Aspen Insurance Limited and Aspen Specialty Insurance Company. Aspen has four operating segments: property reinsurance, casualty reinsurance, specialty insurance and reinsurance and property and casualty insurance.

Special Reports /

Aspen Celebrates 5 Years At NYSE

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