Aspen

“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.

The carrier has non-renewed around $800mn of business in the past 18 months.

Aspen said Mike Cain will still remain with the company through Q1 2022.

Aileen Mathieson, who will start on 15 November, will also join Aspen’s group executive committee.

Philip Hough leaves Singapore to focus on his role as global head of property, based in Zurich.

The industry veteran is credited with having built Arch’s well-respected mortgage credit business.

Plus the implications of the X-Press Pearl sinking and all the top news from this week.

The company is accused of “brazenly cheating” Andrew Kudera of his own money and of owed compensation, the lawsuit states.

The newcomer replaces Andrew Kudera, who was hired in January last year but has now left to pursue other opportunities.

The new logo and slogan follow a year of progress in the carrier’s turnaround plan.

She joins Axa XL executive Kelly Lyles and ex-Zurich Insurance exec Thomas Huerlimann.

Aspen’s outwards reinsurance team now also joins the carrier’s capital markets unit.