Latest Aspen Insurance Headlines
All the headlines from our Aspen Insurance Topic Page, ordered by recency.
Aspen Promotes Issavi to Lead Its Reinsurance Business, Succeeding Lillelund
Aug 8 2018 // Bermuda-based Aspen Insurance Holdings Ltd. announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect. Issavi succeeds...
Boornazian to Retire as Chairman of Aspen Re and CEO of Aspen Re, Americas
Apr 2 2018 // Aspen Insurance Holdings Ltd. announced that Brian Boornazian has decided to retire as chairman of its reinsurance segment, Aspen Re, and as chief executive officer of Aspen Re, Americas, with effect from the end of...
SafeWaters Forms Agreement with Aspen Insurance to Expand Ocean Marine Coverage
Feb 15 2018 // SafeWaters Underwriting Managers has a new delegated authority underwriting agreement to provide the U.S. and Latin American markets with expanded ocean marine insurance products backed by Aspen Insurance, the insurance...
Aspen Looks to Rebound from ‘Considerable Poor Performance’ by Insurance Unit
Feb 12 2018 // Aspen Insurance Holdings lost nearly $185 million in the 2017 fourth quarter, or $3.25 per diluted share. The struggling Bermuda-based insurer and reinsurer also saw its consolidated combined ratio hit 152.6. While...
U.S. Risk, Aspen Insurance to Offer Specialty Marine Product
Apr 11 2017 // U.S. Risk, LLC has formed a strategic alliance with Aspen American Insurance Co., a subsidiary of Aspen Insurance Holdings Limited, to offer a specialty insurance product designed for the marine industry which will provide...
DUAL Commercial, Aspen Insurance Partner on Management Liability Program
Nov 30 2016 // DUAL Commercial, a subsidiary of the Hyperion Insurance Group Limited, has partnered with Aspen American Insurance Co., part of Aspen Insurance Holdings Limited, enabling DUAL to provide a broader management liability...
Aspen Insurance Acquires Puerto Rico Marine MGA, Blue Waters Insurers
Nov 1 2016 // Bermuda-based Aspen Insurance, the insurance segment of Aspen Insurance Holdings, announced it has acquired Blue Waters Insurers Corp. Blue Waters, which is headquartered in San Juan, Puerto Rico, is a specialist marine...
Aspen Re Names Hough as Managing Director for Asia Pacific
Sep 26 2016 // Aspen Insurance Holdings Ltd. announced that its reinsurance segment, Aspen Re, has appointed Philip Hough as managing director, Asia Pacific. Hough will be based in Singapore and will report to Aspen Re Chief Executive...
Aspen Insurance Appoints International Head of Onshore Energy & Construction
Jun 2 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointment of Erik Armellino as international head of Onshore Energy & Construction. Armellino has more than 20...
Aspen Appoints Global Leaders for Surety and Credit & Political Risk
May 31 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointments of Mike Toppi as global head of Surety Risk and Paul Sanders as global head of Credit & Political...
Aspen Announces New CEOs for Insurance & Reinsurance Units as Vitale Retires
May 18 2016 // Bermuda-based Aspen Insurance Holdings Ltd. has appointed new leaders for its insurance and reinsurance segments, in response to the announced retirement of CEO Mario Vitale. Stephen Postlewhite, previously chief executive...
Aspen Insurance Names Nazir as Head of International Cyber Risk, Lang as U/W
May 10 2016 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has appointed Raheila Nazir as head of International Cyber Risk. Joining Aspen in the summer, Nazir has more than 16 years’ experience as an...
Aspen Re Appoints Cardona as Managing Director for Latin America & Caribbean
Apr 27 2016 // Aspen Insurance Holdings Ltd.announced that its reinsurance segment, Aspen Re has appointed Hugo A. Cardona as managing director for Latin America and Caribbean. Cardona will join Aspen on May 2 from Odyssey Reinsurance...
Aspen Re Opens Dubai Hub; Senior Appointments Announced
Apr 11 2016 // Aspen Insurance Holdings Ltd. announced that its reinsurance segment, Aspen Re, has opened a new hub for the Middle East and Africa in Dubai. The establishment of a reinsurance hub in Dubai is consistent with Aspen...
Aspen Insurance Appoints Global Product Heads
Jan 6 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product...
A.M. Best Revises Outlook to Positive for Aspen and Its Subsidiaries
Nov 19 2015 // A.M. Besthas revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of “A” (Excellent) and the ICRs of “a” of Aspen...
Aspen Insurance Appoints McElroy as Global Head of Environmental
Nov 12 2015 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced that William McElroy will be appointed global head of environmental, effective Nov. 16, 2015. McElroy will lead Aspen Insurance’s...
Aspen Launches Singapore Operation via Lloyd’s Platform; 2 Senior Execs Hired
Nov 10 2015 // Aspen Insurance Holdings Limited announced the entry of its insurance segment, Aspen Insurance, into Singapore through Aspen’s Lloyd’s syndicate on the Lloyd’s Asia platform, effective Jan. 1, 2016. The...
Aspen Insurance Appoints Cohen as President and Chief Underwriting Officer
Nov 4 2015 // Bermuda-headquartered Aspen Insurance Holdings Limited announced the appointment of David Cohen as president and chief underwriting officer of its insurance segment, Aspen Insurance. With over 35 years of insurance...
Aspen Re Appoints De Couto as Head of Portfolio Analytics
Jun 11 2015 // Aspen Re has appointed Douglas De Couto as head of portfolio analytics. De Couto will be joining Aspen Re from RenaissanceRe where until recently he was assistant vice president, corporate risk, a role in which he led a...
