Aspen Re International unveils new senior managing director

Company swoops for the former CEO of another reinsurance firm

Aspen Re International unveils new senior managing director

Insurance News

By Lyle Adriano

Aspen Insurance Holdings Limited has announced that it has appointed Richard Milner to the role of senior managing director at Aspen Re International, effective February 19, 2020.

Milner has over 20 years of experience across a number of global reinsurance markets and multiple product lines, a release said. He has served roles in management, leadership, capital planning, and underwriting.

He was most recently serving as CEO of VIBE Re, where he was responsible for bringing together the existing Syndicate Holding reinsurance business under one brand. Milner has also served as president and chief underwriting officer of Axis Re London, head of global business development for Axis Re, as well as president and chief underwriting officer of Axis Re Asia-Pacific.

In addition to Milner’s appointment, Aspen also revealed that Antoine Bdabouni has been named head of Middle East and Africa for Aspen Re; Bdabouni will be based in Zurich.

Bdabouni was previously global multi-line insurance and reinsurance business development manager at Gulf Insurance and Reinsurance Company. He has also held senior roles at Marsh and McLennan in the Middle East and North Africa, having served on the executive committee for that region. Before joining Marsh and McLennan, he was head of Guy Carpenter in Dubai.

“These appointments are confirmation of the industry-leading talent that Aspen continues to attract,” said Aspen Insurance Holdings executive chairman and group CEO Mark Cloutier. “Richard and Antoine will work closely with the Aspen Re leadership team to maximise value creation in our reinsurance franchise for long-term, sustainable profitability.”

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