Aspen Emerges From London Roots Executives trained at Lloyds build Bermuda company stressing local presence

Bermuda versus London. One of the industry's great debates centers around whether insurers working from the island paradise or those working from the home of Lloyd's have a competitive edge in the world of property-casualty insurance and reinsurance underwriting.

But anyone who asks the chief executive of one Bermuda player to weigh in is likely to find him taking a balanced view. In fact, Chris O'Kane, who heads up Aspen Holdings and was once the chief underwriter for a Lloyd's syndicate, admits that his company draws strengths both from its London roots and its presence in Bermuda.