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The sale of the business was confirmed in June. -
The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
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Jamie Cann, previous head of aviation and space at the Fidelis Partnership, also joined Axa XL.
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Alex Nelson will work as head of power and renewable energy at the carrier.
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The carrier has undertaken work to give it “optionality” for a public listing, but has no plans to list in the short term.
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The transaction has received all required regulatory approvals and closed.
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Tillett succeeds Michela Moro who is returning to Italy, according to Allianz.
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Oak Re confirmed Bain as an investor, with further capital through Hampden clients and Alpha.
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Other capacity supporting the syndicate is mostly individual Names, sources have said.
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Staff movement in the class of business is high as new carriers launch into the space.
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CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
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Davide Pressman was a marine cargo underwriter at Aegis for under two years.
