Reinsurance News

Aspen Re

Robert Walters named Head of Property Treaty at Aspen Re America

24th September 2024

Aspen Insurance Group has announced the promotion of G. Robert Walters to SVP and Head of Property Treaty at Aspen Re America, effective October 1st. Walters, who has over three decades of experience in the insurance industry, will be based at Aspen’s Rocky Hill office and will report to Scott Kreuzer, ... Read the full article

For re/insurers, climate change extends beyond weather impacts: Philip Hough, Aspen Re

12th April 2023

Driven in part by the rise in losses from what is being defined in the industry as secondary perils, insurers and reinsurers are increasingly confronted with the physical impacts of climate change. However, the challenges are more than just concerning the weather, according to Philip Hough, Global Head of Property ... Read the full article

The market needed a reset to attract critical support of capital providers: Hough, Aspen Re

28th March 2023

The last few months of last year were a turning point for the reinsurance market, as the need to reset pricing and achieve more sustainable long-term rate adequacy intensified, leading to probably the most distressed market that Philip Hough of Aspen Re has ever experienced. Hough has been the Global Head ... Read the full article

Not a true hard market, but there’s more to come: Aspen’s Christian Dunleavy

8th October 2021

Despite improvements, it’s still not a true hard market and the reinsurance arena is likely lagging the primary space and needs to push for more rate adequacy, according to Christian Dunleavy of Aspen Insurance Holdings Limited. Dunleavy, who serves as Chief Underwriting Officer (CUO) of Aspen Re, and Chief Executive Officer ... Read the full article

Aspen strengthens global reinsurance leadership team

28th June 2021

Aspen Re, the reinsurance arm of Bermuda-based Aspen Insurance Holdings Limited, has announced a number of appointments designed to further strengthen its global leadership team. Firstly, Beatrice Morley, currently Global Head of Casualty, will take on the additional responsibilities as Aspen Re's Head of Asia Pacific. Based in Singapore, Morley will report ... Read the full article

Aspen Re America names Head of Professional Lines

7th December 2020

Aspen Re, the reinsurance segment of Aspen Insurance Holdings Limited, has announced the appointment of Ana Cifuentes as Head of Professional Lines for Aspen Re America, effective December 9, 2020. As Head of Professional Lines, she will be responsible for building and growing product offerings for Aspen Re America. Cifuentes most recently ... Read the full article

Aspen Re America names AXIS Re’s Jim Brown as Head of Casualty

12th October 2020

Bermuda-based reinsurer Aspen Re, the reinsurance arm of Aspen Insurance Holdings Limited, has announced the appointment of Jim Brown as Head of Casualty, Aspen Re America. Effective October 12th, 2020, Brown will be based in the company's New York and Rocky Hill, CT, offices. In his new role, he takes on ... Read the full article

Aspen adds Theresa Froehlich to Board; announces leadership changes

12th June 2020

Bermuda-based insurer and reinsurer Aspen Insurance Holdings Limited has announced the appointment of Theresa Froehlich to its Board as a Non-Executive Director, alongside some additional leadership changes. Froehlich's appointment to the Board is in addition to her roles as Chair of Aspen Insurance UK Limited (AIUK) and non-executive director of AIUK ... Read the full article

Scott Kreuzer appointed senior MD, Americas at Aspen Re

6th April 2020

Bermuda-based re/insurer Aspen has appointed Scott Kreuzer to the role of Senior Managing Director, Americas, at Aspen Re. In this new role, Kreuzer will lead the team at Aspen Re America and work closely with Aspen Re’s leadership team, continuing to develop the Group’s North America reinsurance property, casualty and specialty ... Read the full article

Aspen appoints former VIBE Re CEO Milner, adds new head of MEA

17th February 2020

Former Chief Executive Officer of VIBE Reinsurance, Richard Milner, is set to join the reinsurance arm of Aspen Insurance as senior managing director, Aspen Re International. Milner brings over 20 years’ experience and prior to his tenure at VIBE spent over a decade at AXIS Re, where he eventually served as ... Read the full article

Aspen Re’s Abdallah Balbeisi to join QBE as SEO, Head of MEA region

29th November 2019

QBE Insurance Group has announced the appointment of Aspen Re's Abdallah Balbeisi as Senior Executive Officer (SEO), Head of Middle East and Africa (MEA), effective May 2020. In his new role, Balbeisi will be based in Dubai and will report to Stephen Postlewhite, Deputy Chief Underwriting Officer (CUO) of QBE Re. He ... Read the full article

Arch Re to acquire Aspen Re’s global credit & surety renewal rights

21st November 2019

The reinsurance arm of Arch Capital Group, Arch Reinsurance (Arch Re), has entered into a renewal rights agreement with Aspen Reinsurance (Aspen Re) on its global credit and surety reinsurance business. The agreement follows Aspen Re's decision to exit the line of business, and, as well as the renewal rights of ... Read the full article

Aspen Re to close offices in Miami, Dubai and Lloyd’s China

21st November 2019

Aspen Re, the reinsurance arm of Bermudian insurer and reinsurer Aspen Insurance Holdings Limited, is to close its offices in Miami, Dubai and Lloyd's China. The Bermudian re/insurer has confirmed a restructure of some of its operations, resulting in the closure of its Dubai and Lloyd's China reinsurance offices, as well ... Read the full article

TMR’s Meredith Head joins Aspen Re to lead NA Property Cat

6th June 2019

Aspen Re, the reinsurance arm of Aspen Insurance Holdings Limited, has announced the appointment of Meredith Head from Tokio Millennium Re (TMR) as Head of North American Property Catastrophe. In her new role, Head will report to Christian Dunleavy, Aspen Re's Chief Underwriting Officer (CUO) and Chief Executive Officer (CEO) of ... Read the full article

Dunleavy named CUO of Aspen Re as Issavi joins Ryan Specialty

30th May 2019

Emil Issavi, previously the President, Chief Underwriting Officer (CUO) and Managing Director of the Americas, Aspen Reinsurance, is leaving the firm to join Ryan Specialty Group (RSG) and its subsidiaries RSG Underwriting Managers, LLC and Ryan Re Underwriting Managers, LLC as Senior Executive. The announcement from Aspen Insurance Holdings and RSG ... Read the full article