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A spree of new entrants in the cargo market has resulted in recent talent turmoil.
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The Pen Underwriting MGA is expanding from its marine war specialism.
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Tillett succeeds Michela Moro who is returning to Italy, according to Allianz.
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The carrier’s lower hurricane exposure was driven by portfolio exits and optimisation.
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Cyber is more in the one- or two-year loss development camp, the Lloyd’s CUO said.
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The market’s dearth of third-party managing agents is a source of tension among young syndicates.
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The start-up has secured BMA approval as it looks to a 1 January kick-off.
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The specialty reinsurance space has experienced a recent period of talent churn.
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Large syndicates outside top performer quartiles have been afforded significant room to grow.
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The hybrid fronting carrier was launched last year and is led by Talbot alumnus Sam Reeder.
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The facility uses AI technology from Altana.
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Oak Re confirmed Bain as an investor, with further capital through Hampden clients and Alpha.