Bermuda-based Aspen Insurance Holdings Limited said Bernard de Haldevang has been appointed head of political risk insurance.
Mr. de Haldevang, the company said, will report directly to Matthew Yeldham, Aspen's head of international insurance.
Aspen said it anticipates that gross written premium from this new line of business will be in the region of $70 million after three years, subject to market conditions.
Mr. de Haldevang joins Aspen from Atrium Underwriting, Lloyd's of London, where he was a member of the Syndicate Management Group and Class Underwriter for Financial and Political Risks.
Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly owned subsidiaries and offices in Bermuda, France, the United States, the United Kingdom and Switzerland.
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