Allianz
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A new UK CEO for the trade credit insurer will be announced at a later date.
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The executive will report to Colm Holmes and Dick Volger in his new position.
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The biggest riser in this year’s Allianz Risk Barometer was climate change.
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The executive will look to develop the MGA’s specialty underwriting portfolio.
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The move follows objections from the Singapore government.
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The carrier revealed new group financial targets at its Capital Markets Day.
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Tillett succeeds Michela Moro who is returning to Italy, according to Allianz.
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Allianz’s P&C unit booked natural catastrophe claims of EUR646mn over Q3.
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Palestine Action alleges Allianz is involved in insuring the Israeli arms trade.
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Construction rates remain stable with some talk of potential softening.
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Mark Hartigan will move to chair following a spell as interim CEO.
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The former Aspen executive has resigned from AIG and will fill the vacant CEO role at the large corporate unit of the German carrier.
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