Aspen Insurance announces management overhaul

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Aspen Insurance has announced that co-CEO Rupert Villers will assume the role of chairman of Aspen Insurance and president of Aspen International Insurance next month.

The change also saw Mr Villers agree to extend his tenure at Aspen until the end of 2014.

As chairman his role will involve advising and supporting the development and execution of Aspen Insurance’s business strategy.

And the position of president will entail supporting the development of strategy for Aspen’s International Insurance business, as well as overseeing the day-to-day management of Aspen Insurance’s international underwriting teams.

The changes also saw fellow co-CEO Mario Vitale move

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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