Aspen Insurance Holdings Ltd. announced that David Schick has been appointed group chief operating officer. Schick joins Aspen from Maybank where he was executive vice president, Group Strategy and Transformation, and director of Strategic Operational Excellence. At Maybank, he was …
Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United States and the Caribbean in August and September are expected to …
Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to Hurricanes Harvey, Irma and Maria as well as the earthquakes in Mexico City. Argo, the Bermuda-based specialty insurance and …
Aspen Insurance Holdings Ltd. announced that Richard Thornton has been appointed to the newly created position of group chief operating officer. Thornton will undertake this new role in addition to his responsibilities as group head of strategy, said the company, …
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 Officer Thomas Lillelund. Hough joined Aspen …
XL Group Plc, the insurer that expanded last year with the purchase of Catlin Group Ltd., said second-quarter catastrophe costs were probably about $240 million pretax, with wildfires in Alberta, Canada, responsible for about half the total. Flooding in Europe …
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 years of experience managing a broad range of energy …
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 Risk. These appointments are part of …
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 officer of Aspen Reinsurance, has been appointed chief executive officer, …
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 Co. where he was chief underwriting officer …
