Bermuda-based Aspen Insurance Holdings has announced new leaders for its insurance and reinsurance segments, with Thomas Lillelund taking the place of Aspen Re chief executive after Stephen Postlewhite was appointed Aspen Insurance chief executive.
These appointments follow the announcement by Mario Vitale of his intention to retire from Aspen. Mr. Vitale has been the chief executive officer of Aspen Insurance since 2012 and he will remain with Aspen until 30 June to ensure a smooth transition.
In addition, Aspen U.S. Insurance president Robert Rheel announced his intention to retire from Aspen after 35 years in the industry. The company is conducting a search for his successor and Mr. Rheel will remain with Aspen until the end of June to assist with the transition.