Aspen taps Tokio Marine Kiln for Singapore lead

Bermuda-based Aspen Insurance Holdings has appointed an industry veteran from Tokio Marine Kiln to head up its Singapore office.

Tay Boon Chuan (pictured) joins Aspen after 12 years at Tokio Marine Kiln as part of its property treaty reinsurance team, most recently as Asia treaty team lead.

Boon has previously also held positions at Asia Capital Re Group and Swiss Re.

Aspen has also revealed that as of August 1, 2023, Beatrice Morley, head of Asia-Pacific, will relocate to its London office. It said the move will mean she is closer to its reinsurance teams and to key casualty markets in London, Europe and the US. She will remain global head of casualty and head of international reinsurance, which now also includes London as part of the international markets.

Christian Dunleavy, group chief underwriting officer, said: “We are thrilled to announce the appointment of industry veteran, Tay Boon Chuan, as head of Singapore. Boon brings a wealth of experience of the Asian treaty market and will be well-placed to spearhead our well-established offering for the region.

“We are also delighted to have Beatrice join our executive team in London while maintaining her responsibilities as global head of casualty and head of international reinsurance. Beatrice’s expanding role is a testament to her significant contribution in helping Aspen develop its successful global reinsurance franchise, and our leading casualty portfolio within this.”