HAMILTON, Bermuda--(BUSINESS WIRE)--Aspen Insurance Holdings Limited (“Aspen”) has appointed John Welch as Chief Underwriting Officer, Reinsurance, starting on June 26.
John brings over 30 years of global experience in reinsurance, including executive roles across global players. He was most recently Chief Executive, Domestic Markets at AXA XL Re, where he led local reinsurance underwriting teams around the world. He previously held a number of senior roles at AXA XL, XL Catlin Group and XL Group.
In this role, John will lead and be accountable for Aspen Reinsurance, including designing and delivering the underwriting strategy for the segment. John will report to Christian Dunleavy, Group Chief Underwriting Officer, join the Group Executive Committee and will be based in Stamford, CT.
Christian Dunleavy, Group Chief Underwriting Officer, said: “John is an excellent addition to the Aspen family. He is an established leader in the reinsurance industry with an impressive track record of building new businesses and driving profitable growth. John will play a crucial role driving Aspen’s ambitious agenda for its reinsurance segment.”
John Welch said: “I am impressed by the quality and expertise of Aspen’s team and the strong results of Aspen and its reinsurance segment. The business is at an exciting point, and I look forward to working with Aspen Re’s customers on their risk management challenges.”
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About Aspen Insurance Holdings Limited
Aspen provides insurance and reinsurance coverage to clients in various domestic and global markets through its wholly-owned operating subsidiaries in Bermuda, the United States and the United Kingdom, as well as its branch operations in Canada, Singapore and Switzerland. For the year ended December 31, 2022, Aspen reported $15.2 billion in total assets, $7.7 billion in gross loss reserves, $2.4 billion in total shareholders’ equity and $4.3 billion in gross written premiums. Aspen's operating subsidiaries have been assigned a rating of “A-” by Standard & Poor’s Financial Services LLC and an “A” (“Excellent”) by A.M. Best Company Inc. For more information about Aspen, please visit www.aspen.co.
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There are or will be important factors that could cause actual results to differ materially from those expressed in any such forward-looking statements, including, but not limited to, factors affecting future results disclosed in Aspen’s filings with the SEC, including but not limited to those discussed under Item 3D, “Risk Factors” in Aspen’s Annual Report on Form 20-F for the year ended December 31, 2022, each of which is incorporated herein by reference.
