Aspen confirms it’s considering an IPO in 2024

Aspen Insurance Holdings Ltd. on Friday confirmed it is considering an initial public offering during 2024.

The Hamilton, Bermuda-based insurer and reinsurer said it expects to file a registration statement relating to Aspen’s ordinary shares to be sold with the U.S. Securities and Exchange Commission but did not provide a time frame.

Aspen added that “there is no assurance that Aspen will pursue an IPO or that any IPO will be successful.”

The announcement appears to confirm recent reports suggesting New York would be the preferred home of an Aspen IPO.