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Insurance

Aspen plans EU insurance subsidiary in Ireland

Bermuda-based Aspen Insurance Holdings has submitted an application to the Central Bank of Ireland for authorization of a new insurance subsidiary in Dublin, Republic of Ireland, to ensure that the insurance group can continue to operate in the European Economic Area after the UK leaves the EU.   15 May 2018

Insurance

Nexus swoops for Aspen global head of accident & health

The executive was responsible for an $80 million GWP book of business at Aspen Insurance Group.   13 May 2020

Insurance

Brit chairman to become Aspen CEO

Brit’s executive chairman Mark Cloutier is stepping down from his role in December 2018 with a view to becoming Aspen CEO.   1 October 2018

Insurance

Aspen reveals crop reinsurance deal

Bermuda-based Aspen Insurance has entered a strategic partnership with CGB Diversified Services (CGB DS) where Aspen will be acquiring a 23.2 percent stake in a newly formed company, Crop Re Services.   19 December 2017

Insurance

Everest bolsters excess casualty team with Aspen and Conifer hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has made two key hires from Aspen and Conifer to help expand its excess casualty retail capabilities in the Central and West territories in the US.   11 June 2019

Insurance

AXIS eyes US renewable energy market with Travelers and Aspen hires

According to AXIS, the market is experiencing 'exceptional growth' with considerable financial investment underway.   2 November 2020

Insurance

Aspen Insurance CEO departs after Q4 loss

Aspen Insurance's chief executive officer Stephen Postlewhite is leaving the business with immediate effect, according to a Jan. 26 press release.   29 January 2018

Insurance

Aspen gives $10m transaction bonus to ex-CEO O’Kane post Apollo takeover

Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal.   20 February 2019

Insurance

Aspen group COO leaves; replacement revealed

Bermuda-based Aspen Insurance Holdings has appointed David Schick as group chief operating officer, replacing Richard Thornton who is leaving the business after almost four years.   6 December 2017

Insurance

Rate hikes propel Aspen through $1bn premium mark in Q1

Profits fell at Bermuda-based Aspen Insurance Holdings in the first quarter because of net realized investment losses but the company also enjoyed solid growth in its gross written premiums, writing more than $1 billion worth of premium in the quarter for the first time.   3 May 2018

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