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Aspen opens reinsurance hub in Dubai

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Aspen opens reinsurance hub in Dubai

AspenInsurance Holdings Ltd. said April 11 that its reinsurance segmentopened a new hub in Dubai for the Middle East and Africa.

The company also appointed Peter Thompson, Houcine Zouaouiand Attilio Tornetta as senior underwriting managers for the reinsurance hub.

Thompson joined from Assicurazioni Generali SpA. He specializes in complexproperty risks with a focus on risk management and innovative structuredsolutions.

Zouaoui joins Aspen Re from Gulf Re, where he was seniorunderwriter. He specializes in underwriting and managing a treaty portfolioacross the Middle East and North Africa.

Tornetta, who joins from Swiss Re Ltd., specializes in underwriting anddeveloping a facultative and treaty portfolio across Sub-Saharan Africa.

The Dubai Financial Services Authority in December 2015granted Aspen a license to operate.