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Aspen Insurance Holdings Ltd. said on Tuesday that it has named London-based Raheila Nazir head of international cyber risk.
Previously, Ms. Nazir was professional indemnity manager for Europe, the Middle East and Africa at AIG Europe Ltd.
“I am delighted that someone of Raheila’s caliber and experience is joining Aspen Insurance. This appointment bolsters significantly our position in the cyber market in London and internationally,” Ann Haugh, president, Aspen International Insurance and chief operating officer, said in the statement.
Additionally, Aspen has also appointed London-based Nicholas Lang as underwriter for cyber. Previously, Mr. Lang was senior underwriter at Principia Underwriting.
Aspen Insurance Holdings Ltd. on Friday reported 2015 fourth-quarter net income of $117.9 million, an increase of 75.5% over the same period in 2014, due to continued success in specialty sub-segments and large provider deals written during the year.