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The measure could have landed insurers with extra tax on US business.
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A group of Bermuda staff also left the broker.
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David Baldwin joins from EIRS where he was a senior reinsurance consultant.
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The carrier previously raised a Finca Re cat bond in 2022.
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The carrier previously redeemed from a Herbie Re cat bond for California wildfire claims.
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The headcount at the start-up now stands at around 40.
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Ark's combined ratio included 25 points of catastrophe losses in Q1.
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The buzz in the air at ILS Connect told of a market entering its next growth phase.
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Investor interest and capital flows point to potential for ILS proliferation.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.
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Suzanne Wells is also joining the company from Arch as COO.