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Aspen Insurance Reports 2023 Financial Results

Aspen Insurance Reports 2023 Financial Results

Aspen Insurance Holdings Limited today [April 1] reported results for the three and twelve months ended December 31, 2023. Mark Cloutier, Executive Chairman and Group Chief Executive Officer, commented, “We are pleased to report an excellent set of results for 2023. Aspen’s continued focus on underwriting discipline and operating excellence resulted... Read more of this article

Coalition’s Cyber Insurance Deal With Aspen

Coalition’s Cyber Insurance Deal With Aspen

Coalition has inked a new multi-year capacity deal with Aspen to roll out cyber insurance capacity in the U.S. starting April 1, 2024. A spokesperson said, “Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced it has executed a new, multi-year capacity agreement with Aspen... Read more of this article

Aspen Promotes Edward Hart To Cyber Head

Aspen Promotes Edward Hart To Cyber Head

Aspen Insurance  announced that Edward Hart has been promoted to the role of International Head of Cyber. A spokesperson said, “Ed joined Aspen Insurance in February as a Senior Underwriter and has 10 years of cyber underwriting experience, having served in roles at Brit Insurance and Barbican Insurance Group. In his short time thus far at Aspen,... Read more of this article

Aspen Insurance Holdings Appoint Tim Mardon

Aspen Insurance Holdings Appoint Tim Mardon

Aspen Insurance Holdings Limited announced the appointment of Tim Mardon as Global Head of Property Catastrophe Reinsurance, effective November 14. A spokesperson said, “Tim will also become Chief Underwriting Officer [CUO] of Aspen Bermuda Limited [ABL] and a member of Aspen Re’s Leadership team. Based in Bermuda, he will report to John Welch,... Read more of this article

Aspen Appoints Bobby Bianconi As Head Of Cyber

Aspen Appoints Bobby Bianconi As Head Of Cyber

Aspen Insurance Holdings Limited appointed Bobby Bianconi as Global Head of Cyber. A spokesperson said, “Bobby has been with Aspen since 2016 and brings over 1o years of dedicated underwriting experience, most recently as Head of US Cyber. “Prior to joining Aspen, Bobby led the Cyber portfolio for the Western United States at Allied World. Bobby... Read more of this article

Butterfield Continues Partnership With Aspen

Butterfield Continues Partnership With Aspen

The Butterfield Bermuda Championship has announced the continuation of their partnership with Aspen for 2023 in their quest to move closer towards a more sustainable future for Bermuda’s annual PGA TOUR event. A spokesperson said, “The partnership includes support from local environmental charity, Keep Bermuda Beautiful [KBB], and Recycle Bermuda,... Read more of this article

Aspen Donates To Waterstart Programme

Aspen Donates To Waterstart Programme

Waterstart Ltd. and Aspen Bermuda Limited [ABL] announced a three year partnership to support environmental education, noting that “Aspen’s contribution to Waterstart will ensure students have ongoing access to experiential learning opportunities at the Burt Island campus in Hamilton Harbour. ” “I am delighted to extend our relationship... Read more of this article

AM Best Affirms Credit Ratings Of Aspen

AM Best Affirms Credit Ratings Of Aspen

AM Best has affirmed the Financial Strength Ratings [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] of Aspen Insurance UK Limited [AIUK] [United Kingdom], Aspen Bermuda Limited [ABL] [Bermuda], Aspen American Insurance Company [AAIC] [Austin, TX] and Aspen Specialty Insurance Company [ASIC] [Bismarck,... Read more of this article

Robert Tartaglia Appointed Aspen SVP, COO

Robert Tartaglia Appointed Aspen SVP, COO

Aspen Insurance Holdings has appointed Robert Tartaglia to the newly created position of SVP, Chief Operations Officer, Insurance, starting on 3rd July. A spokesperson said,”Robert has over 20 years of complex global operations, IT, and transformation experience in insurance and reinsurance, including Global COO at Allianz Global Corporate &... Read more of this article

Welch Appointed As Chief Underwriting Officer

Welch Appointed As Chief Underwriting Officer

Aspen Insurance Holdings has appointed John Welch as Chief Underwriting Officer, Reinsurance, starting on June 26. A spokesperson said, “John brings over 30 years of global experience in reinsurance, including executive roles across global players. He was most recently Chief Executive, Domestic Markets at AXA XL Re, where he led local reinsurance... Read more of this article

Aspen Insurance Appoints Boon Chuan

Aspen Insurance Appoints Boon Chuan

Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as Head of Singapore, effective June 1st 2023. A spokesperson said, “Boon joins Aspen after 12 years at Tokio Marine Kiln as part of their Property Treaty Reinsurance team, most recently as Asia Treaty Team Lead. “Boon brings with him more than 23 years’ experience... Read more of this article

David Altmaier Appointed Non-Executive Director

David Altmaier Appointed Non-Executive Director

Aspen Insurance Holdings Limited [Aspen] announced the appointment of David Altmaier to its Board as a Non-Executive Director, subject to receipt of any required regulatory approvals. A spokesperson said, “David was previously the Commissioner of Insurance for the State of Florida, leading the Office of Insurance Regulation [OIR] between April... Read more of this article

Aspen Appoints New Head Of Communications

Aspen Appoints New Head Of Communications

Aspen Insurance Holdings Limited has appointed Yasmin Saleh as Head of Corporate Communications, effective February 13, 2023. A spokesperson said, “Yasmin joins Aspen after 15 years with Aviva. During her time, she served in various senior roles, most recently as Head of Communications Strategy and Planning. “Yasmin has extensive experience... Read more of this article

Aspen Joins United Nations-Supported PRI

Aspen Joins United Nations-Supported PRI

Aspen Insurance Holdings Limited announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment [PRI]. A spokesperson said, “An investor initiative in partnership with the UN Environment Programme Finance Initiative and UN Global Compact, the PRI is a global network of more than 5,000 organizations... Read more of this article

Aspen Appoints Mike Duffy To UK Boards

Aspen Appoints Mike Duffy To UK Boards

Aspen Insurance Holdings Limited announced that Mike Duffy has been appointed to the Aspen Managing Agency Limited [AMAL] and Aspen Insurance UK Limited [AIUK] Boards as a Non-Executive Director, effective February 1, 2023. A spokesperson said, “Mike will join the AMAL and AIUK [Aspen U.K.] Boards as Senior Independent Non-Executive Director [SID],... Read more of this article

kWh & Aspen To Launch Property Insurance

kWh & Aspen To Launch Property Insurance

kWh Analytics, the industry leader in Climate Insurance, announced the launch of their highly anticipated Property Insurance for renewable energy assets with capacity partner Aspen Insurance. A spokesperson said, “kWh Analytics, the industry leader in Climate Insurance, announced the launch of their highly anticipated Property Insurance for renewable... Read more of this article