Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business December 2, 2020 Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance...
Amynta Group Acquires Surety Operations of Aspen Insurance July 17, 2020 Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance....
Aspen Appoints Kotch from Validus as Chief Information Officer September 11, 2019 Aspen Insurance Holdings Ltd. announced that Mary Kotch has been appointed chief information officer, with immediate effect. Kotch has more...
Aspen Taps Brekenfeld from Lloyd’s as Director of Global Corporate Development June 19, 2019 Aspen Insurance Holdings Ltd. announced that Joshua (Josh) Brekenfeld has been appointed director of Global Corporate Development. Brekenfeld joins Aspen...
Aspen Insurance CEO O’Kane Issues Statement That He Will Step Down in 2019 October 2, 2018 Chris O’Kane, group chief executive of Aspen Insurance Holdings, issued the following statement to employees that he will step down...
Cloutier to Step Down as Brit’s Exec. Chairman, with Plans to Become CEO of Aspen October 1, 2018 Brit Ltd. announced that Mark Cloutier will step down from his role as executive chairman of Brit in December 2018....
UK Insurers Push Ahead with Brexit Plans in Absence of Trade Deal: A.M. Best Report August 21, 2018 By L.S. Howard In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK...
Aspen Promotes Issavi to Lead Its Reinsurance Business, Succeeding Lillelund August 8, 2018 Bermuda-based Aspen Insurance Holdings Ltd. announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed...
Boornazian to Retire as Chairman of Aspen Re and CEO of Aspen Re, Americas April 2, 2018 Aspen Insurance Holdings Ltd. announced that Brian Boornazian has decided to retire as chairman of its reinsurance segment, Aspen Re,...
Aspen Looks to Rebound from ‘Considerable Poor Performance’ by Insurance Unit February 12, 2018 By Mark Hollmer Aspen Insurance Holdings lost nearly $185 million in the 2017 fourth quarter, or $3.25 per diluted share. The struggling Bermuda-based...