Aspen Re proclaims new head

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Aspen Re has a brand new man on the helm.

With Thomas Lillelund leaving to return to AIG, Aspen Insurance coverage Holdings Restricted has named Emil Issavi as the brand new chief of its reinsurance enterprise. Efficient instantly, the Aspen Re president and chief underwriting officer strikes as much as take over the reins from Lillelund, who is predicted to stay till a clean transition is carried out.

“We’re delighted to call Emil as our new chief for Aspen Re,” commented Aspen’s group chief government Chris O’Kane. “His appointment acknowledges the deep data and insights that he brings to the function with over 20 years within the reinsurance enterprise, together with 12 years at Aspen.

“As a highly-respected chief, Emil’s appointment will present continuity and is testomony to the numerous strength-in-depth that now we have throughout our management crew at Aspen.”

The brand new Aspen Re boss has held the function of CUO since August 2012, and the president place since September 2014. He got here onboard in 2006 as casualty treaty head at Aspen Re America earlier than turning into the top of casualty reinsurance in 2008.

“I’m honored to have been appointed to steer Aspen Re,” stated Issavi, who started his profession at Gen Re. “The enterprise is a extremely revered participant in our chosen markets, now we have an excellent crew of individuals, and we’re nicely positioned to maintain the longstanding success of the enterprise shifting ahead.”

In the meantime O’Kane took the chance to thank Lillelund, who has been tapped to steer AIG’s new European entity in Luxembourg.

“I wish to specific my honest gratitude to Thomas Lillelund for his vital contribution to Aspen Re over the past 10 years, most just lately as chief government officer of Aspen Re and earlier than that as managing director of our Asia-Pacific enterprise,” he said. “We want him each success sooner or later.”


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