Reinsurance News

Aspen hires Mardon as Global Head of property cat reinsurance & Bermuda CUO

2nd November 2023 - Author: Jack Willard

Aspen Insurance Holdings Limited, a Bermuda-based re/insurer, has appointed Tim Mardon as Global Head of Property Catastrophe Reinsurance.

His new role is effective November 14, 2023.

It has also been confirmed, that Mardon will also become Chief Underwriting Officer (CUO) of Aspen Bermuda Limited (ABL), as well as a member of Aspen Re’s Leadership team.

Based in Bermuda, he will report to John Welch, CUO, Reinsurance.

In his new position, Mardon will manage Aspen’s Global Property Catastrophe Reinsurance portfolio, where he will oversee the development and execution of its business strategy, as well as ensuring the consistency of underwriting standards globally.

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At the same time, he will also lead the Bermuda Reinsurance team, a leading global hub for underwriting catastrophe.

Aspen also noted, that Philip Hough will maintain responsibility for Other Property, in addition to leading the EMEA and Latin American businesses out of Zurich.

Overall, Mardon brings more than three decades of reinsurance expertise towards the role.

He joins from SiriusPoint, where he was Global Head of Property Reinsurance. Throughout his career, he has also previously held senior positions at Chubb Tempest Re and Torus Re in Bermuda.

John Welch, Chief Underwriting Officer, Reinsurance, commented: “We are delighted to welcome Tim Mardon to Aspen Re. Tim is an industry veteran, whose deep sector knowledge and impressive track record in property catastrophe make him well-placed to lead our global offering. I look forward to the insights he will bring as we continue to drive forward our ambitious agenda for reinsurance.”

Addressing his appointment, Mardon said: “I am thrilled to be joining Aspen at such an exciting time for the business, both here in Bermuda and globally. I look forward to helping Aspen advance its impressive trajectory while delivering industry-leading products and services for clients.”

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