Latest Aspen Insurance Headlines
All the headlines from our Aspen Insurance Topic Page, ordered by recency.
Apollo-Owned Aspen Insurance Files for IPO in US
Dec 21 2023 // Private equity firm Apollo-owned Aspen Insurance on Wednesday filed its paperwork for an initial public offering in the United States, according to a regulatory filing. The company did not disclose details about the size...
Former Florida Insurance Commissioner Named to BOD for Aspen Insurance
Mar 9 2023 // David Altmaier has moved from overseeing regulation of insurance companies to overseeing operations for one – the Bermuda-based reinsurer Aspen Insurance Holdings. Aspen announced Wednesday that Altmaier, who was Florida...
Legacy Specialist Enstar and Aspen Insurance Agree to $3.12B Loss Portfolio Transfer
Jan 11 2022 // Enstar Group Ltd. announced that one of its wholly owned subsidiaries has reached an agreement for a ground-up loss portfolio transfer (LPT) with Aspen Insurance Holdings Ltd. for its 2019 and prior business. In the LPT...
Amynta Group Acquires Surety Operations of Aspen Insurance
Jul 17 2020 // Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the...
Aspen Insurance Reconfigures Management Team with 2 New CEOs, Non-Exec Director
Jun 12 2020 // Aspen Insurance Holdings Ltd. announced it has made some major changes to its management team, including the appointment of a non-executive director, two chief executive officers and a chief underwriting officer. The...
People & Places
May 18 2020 // National Scott Kreuzer has been appointed as senior managing director, Americas, at Aspen Re, effective May 4, 2020. Kreuzer joins Aspen Re from Axis Reinsurance, where he has served as senior vice president and head of...
Aspen Re Names Axis Re’s Kreuzer Senior Managing Director for Americas
Apr 7 2020 // Scott Kreuzer has been appointed senior managing director, Americas, at Aspen Re, effective May 4, 2020. Kreuzer joins Aspen Re from Axis Reinsurance where he has served as senior vice president, head of Casualty North...
Liberty Mutual Re Opens Office in Singapore, Appoints Leong from Aspen Re
Jan 14 2020 // Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, announced it has opened an office in Singapore and appointed Annie Leong as regional underwriting manager for LM Re in Asia Pacific. “As LM Re...
Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business
Nov 22 2019 // Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on...
Edwards Named CEO of Aspen Insurance UK and Aspen Managing Agency
Sep 13 2019 // Aspen Insurance Holdings Ltd. announced that Clive Edwards has been appointed chief executive officer of Aspen Insurance UK Ltd. (AIUK) and Aspen Managing Agency Ltd. (AMAL), subject to regulatory approval. Edwards...
Aspen Insurance Holdings Appoints Ritz from Validus as President
Sep 3 2019 // Aspen Insurance Holdings Ltd. has appointed Jonathan Ritz as president, with immediate effect. Ritz was formerly chief executive officer of Validus’ US Insurance Operations, which included Western World Insurance...
Aspen Insurance Launches Cyber Risk Management Platform ‘SSIMPLE’
Jun 19 2019 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced the launch of its cyber risk management platform, SSIMPLE, which was developed to assist clients in the prevention and detection of, and...
Dunleavy Named Aspen Re’s CUO, Succeeding Issavi Who Moves to Ryan Specialty
Jun 7 2019 // Emil Issavi, previously Aspen Re’s president and chief underwriting officer and managing director of the Americas is taking on a new role as a senior executive of Ryan Specialty Group (RSG), RSG Underwriting Managers...
Aspen to Place UK MGA in Runoff, Closes Dublin Office and Makes Executive Changes
May 15 2019 // Aspen Insurance Holdings is placing its UK managing general agency in runoff, closing its Dublin office and making a slew of executive personnel changes including naming a new CEO of Aspen Bermuda, a new group chief...
Apollo Global Management Completes Acquisition of Aspen Insurance
Feb 19 2019 // Apollo Global Management LLC, the investment firm led by Leon Black, has completed its acquisition of Aspen Insurance Holdings for $42.75 per share in cash, with an equity value of approximately $2.6 billion. The...
MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover
Feb 13 2019 // Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized...
Aspen Insurance Bermuda Names Key Excess Casualty, FINPRO Appointments
Jan 4 2019 // Aspen Insurance announced two key appointments to its Bermuda insurance team. Saadia Savory joined Aspen insurance in December as vice president, Excess Casualty, Bermuda. She will lead the Bermuda Casualty team and...
Aspen Insurance CEO O’Kane Issues Statement That He Will Step Down in 2019
Oct 2 2018 // Chris O’Kane, group chief executive of Aspen Insurance Holdings, issued the following statement to employees that he will step down from his position when Apollo Global Management completes its purchase of Aspen in...
Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion
Aug 28 2018 // Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6 billion, in the latest example of private equity investors expanding their insurance...
AIG Appoints Aspen Re’s Lillelund as CEO of AIG Europe in Luxembourg
Aug 8 2018 // American International Group, Inc. announced that Thomas Lillelund will join as chief executive officer of AIG Europe SA. Headquartered in Luxembourg, AIG Europe SA is a new legal entity for AIG’s business in the...
