– BERMUDA, Hamilton – Aspen Insurance Holdings Limited (NYSE: AHL) today announced the appointment of David Altmaier to its Board as a Non-Executive Director, subject to regulatory approvals.
“I am delighted to welcome David to the Board of Aspen. His extensive regulatory experience and standing in the industry will make him an excellent addition to our Board of Directors. I look forward to working with him, and our fellow directors, as we continue to strengthen Aspen’s position within the market.” said Group CEO and Chairman, Mark Cloutier.
About David Altmaier
David Altmaier was previously the Commissioner of Insurance for the State of Florida, leading the Office of Insurance Regulation between April 2016 and December 2022. David started at the OIR in 2008, serving in several increasingly senior roles, including as Director of Property & Casualty Financial Oversight and, before assuming the role of Commissioner, as Deputy Commissioner of Property and Casualty Insurance.
Amongst other market leadership roles, David Altmaier was a member of Florida’s Blockchain Task Force and, during the COVID-19 pandemic, was selected as a member of Florida’s Re-Open Florida Task Force Industry Working Group on Agriculture, Finance, Government, Healthcare, Management, and Professional Services.
He has also held multiple leadership positions within The National Association of Insurance Commissioners, most recently as President.
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Singapore, Switzerland, the United Kingdom, and the United States. For the year ended December 31, 2021, Aspen reported $13.8 billion in total assets, $7.6 billion in gross reserves, $2.8 billion in total shareholders’ equity, and $3.9 billion in gross written premiums. Aspen’s operating subsidiaries have been assigned a rating of “A” (“Excellent”) by A.M. Best Company Inc. and an “A-” (Strong) by Standard & Poor’s Financial Services LLC.
SOURCE: https://www.aspen.co/
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