Aspen

Bianconi joined Aspen in 2016 and has held a number of roles including, most recently, as head of US cyber.

The move to gear up for a listing follows a non-deal roadshow held over the summer.

Andrew Dyer joins from the Prudential Regulation Authority, where he has been head of the insurance supervision division for the past six years.

Insurance's GWP decline was driven by a couple of programs that were underperforming, while reinsurance's deceleration was driven by a deliberate slowdown in the mortgage book.

Net income increased to $219mn over the period, up from $48mn in the same period last year, while underwriting income increased by 33% to $208mn.

In her expanded role, she will work with trading partners to represent Aspen in the US for all business segments and build out existing distribution strategies.

The executive joins from Crum and Forster, with 20 years’ cyber experience.

John Welch left his role as CEO of domestic markets at Axa XL Re last year in a leadership reshuffle.

Trium cyber is the first monoline cyber vehicle to be approved by Lloyd’s, and began writing business in January.

Aspen’s global head of casualty and head of international reinsurance Beatrice Morley is set to relocate to London as of 1 August.

The company did not provide prior-year period figures as it usually discloses its results on a semiannual basis.

Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.