Aspen Insurance: Senior Management Appointments
November 08 2013 - 10:00AM
Business Wire
Aspen Insurance, the insurance segment of Aspen Insurance
Holdings Limited (NYSE:AHL), is announcing today a number of senior
management appointments.
Ann Haugh will be joining Aspen Insurance on November 11 as
Global Chief Underwriting Officer and Chief Operating Officer, a
new position within the Insurance business. Ann was until recently
Group Chief of Staff for Zurich in Switzerland and she has a wealth
of experience in underwriting and operations, both in the US and
internationally. She was previously Chief Executive Officer for
Zurich’s Global Corporate business in the UK and before that, Chief
Operating Officer for Zurich’s entire Global Corporate business.
Prior to this, Ann had worked for Great American Insurance Company
as an Executive Liability underwriter, before moving to broader
roles at Zurich US, Arch and Zurich Group. Ann will be based
in London in this new role.
Rupert Villers, Chairman of Aspen Insurance, said: “Appointing a
Global CUO and COO provides a single focal point in terms of
underwriting oversight and the day-to-day management of operational
issues across the business. This new role adds to the strength of
our Insurance management team and will bring an even sharper focus
to our global underwriting and operational strategies.”
Mario Vitale, Chief Executive of Aspen Insurance, added: “This
appointment is consistent with our strategy of developing a more
integrated, global business. Ann has extensive underwriting and
operational experience and I am delighted to welcome her to the
Aspen Insurance team. We have worked well together previously and I
look forward to working with her in this new role.”
Separately, Aspen Insurance is bringing together its Property
and Casualty businesses by creating integrated Property and
Casualty sub-segments in both its International and US operations.
Bob Patten, currently Head of Global Excess Casualty, and Bob
Rheel, Executive Vice President, Customer, Distribution and
Marketing (CDM) for US Insurance have been appointed co-Heads of
Aspen Insurance’s global P&C business with Bob Patten as Head
of International P&C and Bob Rheel as Head of US P&C and
Programs (in addition to his existing US CDM responsibilities).
Following Bob Rheel’s appointment to this new role, he and Jonny
Atkinson, Manager, Distribution & Business Development for
International Insurance will continue to co-ordinate broker
communications for their respective areas with Jonny having
overarching responsibility for global brokers.
Mario Vitale commented: “Moving to this structure will bring a
coordinated sector approach to P&C business both in the US and
globally. Bob Patten and Bob Rheel are ideally qualified to lead
our ambitions in this important market segment.”
NOTES TO EDITORS:
About Aspen Insurance
Aspen Insurance is a business segment of Aspen Insurance
Holdings Limited and provides property insurance, casualty
insurance, marine, energy and transportation insurance, financial
and professional lines insurance and programs business.
About Aspen Insurance Holdings Limited (“Aspen”)
Aspen provides reinsurance and insurance coverage to clients in
various domestic and global markets through wholly-owned
subsidiaries and offices in Bermuda, France, Germany, Ireland,
Singapore, Switzerland, the United Kingdom and the United States.
For the year ended December 31, 2012, Aspen reported $10.3 billion
in total assets, $4.8 billion in gross reserves, $3.5 billion in
shareholders’ equity, and $2.6 billion in gross written premiums.
Its operating subsidiaries have been assigned a rating of “A”
(“Strong”) by Standard & Poor’s, an “A” (“Excellent”) by A.M.
Best and an “A2” (“Good”) by Moody’s Investors Service.
Application of the Safe Harbor of the Private Securities
Litigation Reform Act of 1995
This press release contains "forward-looking" statements
regarding future results and events, including, without limitation,
statements regarding appointment of key personnel and achievement
of its business plans. Forward-looking statements include all
statements that do not relate solely to historical or current
facts, and can be identified by the use of words such as “expect,”
“intend,” “plan,” “believe,” “project,” “anticipate,” “seek,”
“will,” “estimate,” “may,” “likely,” “continue,” and similar
expressions of a future or forward-looking nature.
All forward-looking statements rely on a number of assumptions,
estimates and data concerning future results and events and are
subject to a number of uncertainties and other factors, many of
which are outside Aspen’s control that could cause actual results
to differ materially from such statements. For a detailed
description of uncertainties and other factors that could impact
the forward-looking statements in this press release, please see
the “Risk Factors” section in Aspen’s Annual Report on Form 10-K
for the year ended December 31, 2012, filed with the U.S.
Securities and Exchange Commission on February 26, 2013. Aspen
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
For further informationPlease visit www.aspen.co or
contact:InvestorsAspenKerry Calaiaro, +1 646-502-1076Senior
Vice President, Investor RelationsKerry.Calaiaro@aspen.coorKathleen
de Guzman, +1 646-289-4912Vice President, Investor
Relationskathleen.deguzman@aspen.coorMediaAspenSteve Colton,
+44 20 7184 8337Global Head of
CommunicationsSteve.Colton@aspen.coorInternational – Citigate Dewe
RogersonCaroline Merrell or Jos Bieneman, +44 20 7638
9571caroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.ukorNorth
America – Abernathy MacGregorCarina Davidson, +1
212-371-5999ccd@abmac.com
Aspen Insurance (NYSE:AHL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aspen Insurance (NYSE:AHL)
Historical Stock Chart
From Jul 2023 to Jul 2024
