Aspen appoints Axis exec as director

Bermuda-based Aspen Insurance has appointed Karl Mayr to its board of directors as a Class III director and as a member of the board’s risk committee.

Mayr has more than thirty years of experience in the reinsurance sector, primarily in Europe, across a number of product lines in both an underwriting capacity and in managerial roles.

Previously, Mayr worked at Axis between 2003 and 2015, where his most recent roles were vice chairman of Axis Reinsurance and president and chief executive officer of Axis Re Europe. Prior to this, Mayr was at GE Frankona Reinsurance Company.

He has been a director of Aspen Insurance UK and a member of its risk committee since June 2015.

“I am delighted that Karl is joining the Aspen board,” said Glyn Jones, chairman of Aspen.

“His wealth of experience and his extensive strategic and operational background in the reinsurance sector will be a great asset to Aspen. I would like to welcome Karl to the board and I look forward to working with him in the future.”