Aspen Insurance Holdings has appointed Bernard de Haldevang as head of political risk insurance with immediate effect.

In this newly-formed role, Mr. de Haldevang reports directly to Matthew Yeldham, Aspen's head of international insurance. Aspen 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 has more than 20 years of experience of underwriting political risk insurance and 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.

"I am very pleased to welcome Bernie to Aspen," said Matthew Yeldham, head of international insurance for Aspen. "He has a strong underwriting track-record, excellent relationships in the industry and I am looking forward to working with him."