Aspen names new global property catastrophe head

Aspen names new global property catastrophe head | Insurance Business New Zealand

Insurance News

Aspen names new global property catastrophe head

Exec will also serve as CUO of Bermuda business

Insurance News

By
Ryan Smith

Aspen Insurance Holdings has announced the appointment of Tim Mardon (pictured above) as global head of property catastrophe reinsurance. The appointment will take effect Nov. 14.

Mardon will also become chief underwriting officer of Aspen Bermuda Limited (ABL) and a member of the Aspen Re leadership team. He will be based in Bermuda and will report to John Welch, Aspen’s chief underwriting officer for reinsurance.

“We are delighted to welcome Tim Mardon to Aspen Re,” Welch said. “Tim is an industry veteran whose deep sector knowledge and impressive track record in property catastrophe make him well-placed to lead our global offering. I look forward to the insights he will bring as we continue to drive forward our ambitious agenda for reinsurance.”

Mardon has more than 30 years of reinsurance industry experience. He joins Aspen from SiriusPoint, where he served as global head of property reinsurance. He has also held roles at Chubb Tempest Re and Torus Re in Bermuda.

In his new role, Mardon will manage Aspen’s global property catastrophe reinsurance portfolio. He will also lead the company’s Bermuda reinsurance team.

Philip Hough will retain responsibility for Other Property, as well as heading up the EMEA and Latin American businesses, Aspen said.

“I am thrilled to be joining Aspen at such an exciting time for the business, both here in Bermuda and globally,” Mardon said. “I look forward to helping Aspen advance its impressive trajectory while delivering industry-leading products and services for clients.”

Last month, Aspen announced the appointment of Bobby Bianconi as global head of cyber. The company also recently appointed Caryn Brough as head of US distribution, in addition to her existing role as group head of marketing.

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