Matthew Heimermann's questions to ASPEN INSURANCE HOLDINGS (AHL) leadership • Q2 2025
Question
Matthew Heimermann from Citi asked for specifics on which business lines Aspen currently views as not being price adequate. He also inquired about how recent global geopolitical tensions are impacting the loss outlook for Aspen's political risk portfolio.
Answer
Christian Dunleavy, Group President & CEO of Aspen Bermuda, identified primary casualty and D&O as lines that still require significant rate improvement. He also noted that non-cat property is on the 'brink' of price adequacy. Regarding political risk, he stated that while recent global events require careful monitoring, they have not yet resulted in significant loss activity for the company's well-diversified portfolio in that area.