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Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
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Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?
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Being the “new kid” has created interest in the market, Mereo CEO Croom-Johnson added.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
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The business will still look at large non-life deals in particular in-the-money ADCs.
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Erik Manning is joining the business from BMS as head of ceded reinsurance.
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Growth was driven by Lloyd’s Syndicate 1274 and Antares Re.
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The executive was named group CEO in January.
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Conduit Holdings announced CEO Trevor Carvey’s retirement today.
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Analysts see Conduit’s extra reinsurance buying as a positive development.
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Executive chair Neil Eckert will step in as interim CEO.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.