Aspen Reports Q3 Results 2024
Aspen Insurance Holdings Limited (“Aspen”) today reported results for the three and nine months ended September 30, 2024. Mark Cloutier, Executive Chairman and Group Chief...
We are pleased to announce that William (Bill) Miller has been appointed Group Chief Actuarial Officer, effective July 1 2021, subject to immigration approval.
Bill joins Aspen from KPMG in Bermuda where he is Managing Director, Actuarial, responsible for advising some of the leading international (re)insurers. Prior to joining KPMG in 2014, Bill spent 12 years at Chubb legacy ACE, where he was latterly Chief Actuary for its Risk Management & Foreign Casualty divisions. Bill’s actuarial career spans 35 years within the non-life sector and also includes roles at Travelers, NCCI, Reliance National and at Willis Towers Watson working as a senior consultant actuary.
Bill’s arrival marks the rebuilding of Aspen’s actuarial function as part of the group’s operational, strategic and cultural transformation that continues to gather momentum. Bill will report into Executive Chairman and Group Chief Executive Officer Mark Cloutier and will be responsible for overseeing Aspen’s core actuarial services.
Bill will be based in Aspen’s Bermuda offices and will replace current Executive Vice President and Group Chief Actuary Andrew (Andy) Kudera, who has departed Aspen to pursue other opportunities.
Bill commented: “It is tremendously exciting to join the Aspen team at this stage in its journey. I am looking forward to working collaboratively with my new colleagues – and harnessing our combined expertise to support the wider business.”
Mark Cloutier commented: “I’m delighted to welcome Bill to Aspen. With three decades of actuarial and non-life expertise, he is the right person to support our evolving actuarial function at a time when risk management and pricing accuracy forms a key focus for Aspen to become a top quartile specialty (re)insurer. I would like to thank Andy for the contribution he has made to Aspen and would like to wish him well with his new endeavours.”