Ritz becomes president of Aspen Insurance – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password

Ritz becomes president of Aspen Insurance

A former leading executive with Validus has been appointed president of Bermudian-based Aspen Insurance Holdings Limited.

Jonathan Ritz has taken on the role with immediate effect. He was formerly the chief executive officer of Validus's US insurance operations, and also served as chief operating officer of Validus Holdings Ltd. He has been in the insurance and reinsurance industry for more than 25 years.

In the newly created role, he will report to Mark Cloutier, executive chairman and group CEO.

Mr Cloutier said: “I am very pleased that we have been able to attract such a proven and experienced leader as Jonathan to this important role.

“His impressive track record and reputation, together with his extensive expertise across the sector, and in a range of disciplines, will add further considerable strength to our senior leadership team.

“In his role as group president, Jonathan will be joining the group executive committee and group underwriting committee, and will be working very closely with me as we continue to refine and build upon our strategies to make Aspen a recognised leader in the area of specialty risk transfer through the combination of our insurance, reinsurance, and capital market capabilities.”

While Mr Ritz, said: “I am delighted to be joining Aspen at such an exciting time in the company's development. Under Mark's leadership and Apollo's ownership, the business is refocusing on its core strengths and I very much look forward to playing a part in its future success.”

Jonathan Ritz

You must be Registered or to post comment or to vote.

Published September 03, 2019 at 2:55 pm (Updated September 03, 2019 at 8:36 pm)

Ritz becomes president of Aspen Insurance

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon