Bermudian-based Aspen Insurance Holdings Limited has appointed John Welch as chief underwriting officer, reinsurance.

The company said Mr Welch, who takes up the post on June 26, has more than 30 years of global experience in reinsurance, including executive roles across global players.

He was most recently chief executive, domestic markets, at Axa XL Re, where he led local reinsurance underwriting teams around the world.

Mr Welch previously held senior roles at Axa XL, XL Catlin Group and XL Group.

In this role, he will lead and be accountable for Aspen Reinsurance, including designing and delivering the underwriting strategy for the segment.

Mr Welch will report to Christian Dunleavy, the group chief underwriting officer, join the group executive committee and will be based in Stamford, Connecticut.

Mr Dunleavy said: “John is an excellent addition to the Aspen family. He is an established leader in the reinsurance industry with an impressive track record of building new businesses and driving profitable growth. John will play a crucial role driving Aspen’s ambitious agenda for its reinsurance segment.”

Mr Welch said: “I am impressed by the quality and expertise of Aspen’s team and the strong results of Aspen and its reinsurance segment. The business is at an exciting point and I look forward to working with Aspen Re’s customers on their risk-management challenges.”