Aspen

The executive will work alongside head of international catastrophe Andrew Mellor at the Bermuda reinsurer.

Meredith Head will join the reinsurer in September after more than 10 years at TMR.

The popular BBC motoring programme Top Gear’s special editions see a trio of presenters embark to often inhospitable parts of the globe to complete audacious competitive challenges in budget cars.

Shareholders are likely to support the sale, and the possibility of a challenger bid seems remote.