Ballardie Named CRO At Bermuda's Aspen
|NU Online News Service, March 15, 2:02 p.m.EST?Aspen Insurance Holdings, the two-year-oldBermuda-based insurance holding company, said it has appointed U.K.market veteran Adrian Ballardie to the position of chief riskofficer.[@@]
|Mr. Ballardie will be based in London and report to ChrisO'Kane, Aspen chief executive officer. Mr. Ballardie will beresponsible for managing underwriting risk at both the strategicand operational level.
|Mr. Ballardie recently served as joint CEO of Axa Re UK'sCorporate Solutions Services directing underwriting.
|Mr. Ballardie said he was excited to be joining Aspen "duringthis important stage of growth for the company. In a short timeperiod, Aspen has already established itself as a leader in keyinsurance and reinsurance lines, and I look forward to working withthe management team to build and strengthen its industryposition."
|Aspen Insurance Holdings Limited was established in June 2002.The company provides property and casualty reinsurance in theglobal market, property and liability insurance principally in theUnited Kingdom, and surplus lines insurance in the United States.Aspen's operations are conducted through its wholly-ownedsubsidiaries located in London, Bermuda and the United States.
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