People
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Matthew Harvey joins as a senior vice president and leader of the operation.
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Edward Howland Jackson will lead the operation from Singapore.
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Denis Kessler will cease to be CEO from the end of June this year for personal reasons, a year earlier than planned.
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The executive, the latest in a string of key hires at Richard Watson’s start-up, will join as head of capital.
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The executive will take up the Hong Kong-based post on 1 September.
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CEO Bertele said poor macroeconomic conditions caused by the pandemic could be an opportunity for investors to become more involved in non-cat risk.
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The executive’s responsibilities will be taken on by chief operating officer Jim Williamson.
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Ann Haugh will lead the new global property division, with Andy Hottinger heading up international and Jonathan Gray specialties.
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The former Nephila executive held a similar role at the ILS manager until last year.
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The Bermudian booked a $4.6mn loss from Winter Storm Uri.
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Aspen’s outwards reinsurance team now also joins the carrier’s capital markets unit.
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He is expected to join the firm’s property reinsurance broking team after his gardening leave ends.