Aspen Re appoints new CUO as Isaavi departs for RSG

Bermuda-based Aspen Insurance Holdings has appointed Christian Dunleavy as the new chief underwriting officer of its reinsurance business Aspen Re, succeeding Emil Issavi who is leaving the company to join Ryan Specialty Group (RSG).

Isaavi, who was president, CUO and managing director of the Americas at Aspen Re, will become a senior executive of RSG, RSG Underwriting Managers (RSGUM) and Ryan Re Underwriting Managers, an RSG affiliate company.

Dunleavy, previously managing director, Aspen Re and CEO and CUO of Aspen Bermuda, will succeed Issavi as CUO of Aspen Re and join Aspen’s executive committee with immediate effect.

Additionally, Peter Emblin, currently managing director, London & Global head of specialty, Aspen Re, has been appointed senior managing director of Aspen Re.

Mark Cloutier, executive chairman and group CEO of Aspen, said: “I want to thank Emil for his many contributions to Aspen over the last 12 years. Emil has been instrumental in helping us build a strong reinsurance platform with a talented team, positioning Aspen well for continued success. We wish him all the best with his new opportunity and look forward to maintaining a close working relationship with him in his new role.”

Patrick Ryan, founder, chairman, and CEO of RSG, commented: “We are pleased to welcome Emil to Ryan Specialty Group as a senior executive of RSG, RSGUM, our managing general underwriting division, and Ryan Re, our new reinsurance managing general underwriter. Emil brings deep knowledge and insights to the role with his 25 years in the reinsurance business. With Emil’s long and impressive career at Aspen, we look forward to expanding our strong relationship with Aspen.”

Cloutier added: “I look forward to working closely with Christian and Peter in their new roles as they oversee our successful Aspen Re business. Christian and Peter have both served in a number of senior leadership roles within Aspen Re, and we have the utmost confidence in their ability to continue driving the business forward. Their appointments not only provide continuity for our customers, trading partners and associates but also illustrates the depth of talent and experience within our group.”