Aspen
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Kevin Chidwick, group CFO at Aspen Insurance Holdings, is to retire by year end and will be succeeded by Christopher Coleman.
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“If we hit ’21, as I expect, based on most recent forecasts, and in ‘22 we get close to our plan, I think a possibility for this business would be a potential IPO in early ’23,” Cloutier told this publication on Tuesday.
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The carrier has non-renewed around $800mn of business in the past 18 months.
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Aspen said Mike Cain will still remain with the company through Q1 2022.
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Aileen Mathieson, who will start on 15 November, will also join Aspen’s group executive committee.
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Philip Hough leaves Singapore to focus on his role as global head of property, based in Zurich.
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The industry veteran is credited with having built Arch’s well-respected mortgage credit business.
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Plus the implications of the X-Press Pearl sinking and all the top news from this week.
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The company is accused of “brazenly cheating” Andrew Kudera of his own money and of owed compensation, the lawsuit states.
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The newcomer replaces Andrew Kudera, who was hired in January last year but has now left to pursue other opportunities.
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The new logo and slogan follow a year of progress in the carrier’s turnaround plan.
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She joins Axa XL executive Kelly Lyles and ex-Zurich Insurance exec Thomas Huerlimann.
