Aspen appoints new CUO

Aspen Insurance Holdings has appointed John Welch as chief underwriting officer, reinsurance, starting on June 26.

According to Aspen Welsh brings over 30 years of global experience in reinsurance, including executive roles across global players. He was most recently chief executive, domestic markets at AXA XL Re, where he led local reinsurance underwriting teams around the world. He previously held a number of senior roles at AXA XL, XL Catlin Group and XL Group.

In this role, Welch will lead and be accountable for Aspen Reinsurance, including designing and delivering the underwriting strategy for the segment. He will report to Christian Dunleavy, group chief underwriting officer, join the group executive committee and will be based in Stamford, Connecticut.

Dunleavy said: “John is an excellent addition to the Aspen family. He is an established leader in the reinsurance industry with an impressive track record of building new businesses and driving profitable growth. John will play a crucial role driving Aspen’s ambitious agenda for its reinsurance segment.”