Aspen eyes ‘potential’ IPO for late ’22 or early ’23: CEO Cloutier
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Aspen eyes ‘potential’ IPO for late ’22 or early ’23: CEO Cloutier

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Aspen CEO Mark Cloutier said that the progress his company made in turning around its underwriting operations—headlined by the $89mn first half operating profit it delivered on Tuesday—could set Aspen up for a public listing by the end of next year.

“If we hit ’21, as I expect, based on most recent forecasts, and in ’22 we get close to our plan, I think a possibility for this business would be a potential IPO in early ’23,” Cloutier told this...

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