Aspen

John Welch left his role as CEO of domestic markets at Axa XL Re last year in a leadership reshuffle.

The company did not provide prior-year period figures as it usually discloses its results on a semiannual basis.

Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.

The Bermudian carrier reported GWP of just over $4.3bn in 2022, a 10% increase on the year prior.

David Altmaier previously served as the commissioner of insurance for the state of Florida, leading the office of insurance regulation for more than six years.

The number of global, non-life run-off deals dropped to 48 over 2022, compared with 54 in 2021, according to a report from PwC.

The former Canopius CEO will chair the company’s nominations and governance committees.

Based in Bermuda, the executive will oversee the firm’s investments in technology and support its growth initiatives.

Nick Acker joins from Arch Insurance group, where he spent 10 years, most recently as a vice president in its wholesale and distribution management team.

The firm’s leadership said a pattern of strong results is needed before triggering an IPO process.

The carrier also reported GWP of just over $2.3bn for the first half of the year.

De Couto has worked at Aspen for over seven years, first as underwriting and portfolio analytics SVP, and as head of exposure management over the last year.