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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.
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Sources agreed that to achieve growth, the focus is shifting from the US to SMEs in Europe.
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The agency’s outlook for global reinsurance remains at Positive.
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Greco will likely remain in place in the medium-term, which could mean major M&A and a Lloyd’s platform.