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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

Aspen Capital Appoints Chris Lee As COO

Aspen Capital Appoints Chris Lee As COO

Aspen Insurance Holdings Limited announced the appointment of Chris Lee as Chief Operating Officer [COO] of Aspen Capital Markets, the alternative reinsurance arm of Aspen Capital Partners. A spokesperson said, “Based in Bermuda, Chris will be responsible for driving strategic investments in technology and change to support the continued growth of... Read more of this article

Bermuda Championship Partners With Aspen

Bermuda Championship Partners With Aspen

The Butterfield Bermuda Championship has partnered with Aspen Bermuda Limited to deliver an “impactful sustainability program.” A spokesperson said, “The Butterfield Bermuda Championship has announced a newfound partnership with Aspen Bermuda Limited for 2022 in their quest to move closer to a more sustainable future for Bermuda’s... Read more of this article

Aspen Insurance Report Six Month Results

Aspen Insurance Report Six Month Results

Aspen Insurance Holdings Limited reported results for the six months ended June 30, 2022. Mark Cloutier, Group Executive Chairman and Chief Executive Officer, commented: “This is a strong set of results for Aspen with the business reporting both double digit top line growth and very healthy underwriting performance. Our year over year trends continue... Read more of this article