Christian Dunleavy, currently Chief Underwriting Officer (CUO) of Aspen Re and Chief Executive Officer (CEO) and CUO of Aspen Bermuda Limited, has been appointed to the newly created role of Group CUO.
In his new role, Dunleavy will continue to lead the firm’s efforts to deliver its strategy, leveraging Aspen’s underwriting and market facing teams with the strong capabilities of its Capital Partners operation.
In order to support Dunleavy, the Executive Chairman and Group CEO of Aspen, Mark Cloutier, has also confirmed a number of promotions.
This includes the appointment of Andrew Rippert as CUO of Reinsurance. Rippert joined the firm in June with more than two decades of experience in shaping and building global mortgage insurance and reinsurance businesses and portfolios. He joined Aspen from Arch Capital Group, where he established and led a multi-billion dollar mortgage credit business that was preeminent in the market.
“I am looking forward to working with Andrew in his new role and he also will now join me on the Group ExCo,” said Cloutier.
Additionally, Beatrice Morley will now take on the role of Head of International Reinsurance. She has been with the firm for a decade having joined to develop its Asian Casualty Portfolio. In 2017, Morley was appointed Global Product Head of Casualty Reinsurance, and currently serves as Head of APAC. She will now add Zurich to her Singapore and Australia/New Zealand oversight.
Aspen has also revealed that Mark Pickering will take on the additional role of CEO of Aspen Bermuda Limited, while retaining his current responsibilities as Group Chief Capital Management Officer and Treasurer. He joined the company in 2015 as Group Treasurer and become CFO and Director of Aspen Bermuda Limited in 2018.
“He has been invaluable in cultivating our improved relationships with regulators and rating agencies,” said Cloutier.
“Aspen remains well positioned to take advantage of the market conditions as we continue to refine and retool our support functions to match our underwriting and capital markets capabilities,” he added.
