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The carrier laid out its business mix for the newly launched reinsurance syndicate. -
Total reinsurer capital grew by $45bn in 2024 to $715bn.
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Sills’ background, a strong backing, and laser-sharp E&S focus make Bowhead stand out.
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The executive was named group CEO in January.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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Since leaving Hiscox Krefta has founded a consultancy.
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AIG veteran Kevin Bidney will focus on North American marine.
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Coverage will increase to $20mn per building.
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Joe Fobert will report to William Hazelton, EVP of Everest.
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The executive said AIG’s E&S arm can grow 20% a year and generate $4bn of new business.
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The start-up is closing a Series A fundraise.
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There is a long waiting list of carriers looking to pull the IPO trigger, but market conditions remain tough.
