Hashtag: #HamiltonRe
Hamilton Insurance Reports 2024 Q3 Results
Hamilton Insurance Group reported Q3 2024 net income of $78.3 million, a combined ratio of 93.6%, and a 16.7% increase in premiums, despite hurricane-related losses. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced financial results for the third quarter ended September 30, 2024.” Commenting on the results, Pina Albo,... Read more of this article
Hamilton Share Repurchase Authorization
Hamilton Insurance Group, Ltd. announced that its Board of Directors has authorized the repurchase of the Company’s common shares in the aggregate amount of $150 million. A spokesperson said, “Hamilton may repurchase shares through open market repurchases and/or privately negotiated transactions. The Authorization will expire when the Company... Read more of this article
AM Best Upgrades Hamilton Re To ‘A’ Rating
Hamilton Insurance Group announced that AM Best upgraded the Financial Strength Rating to “A” and the Long-Term Issuer Credit Ratings of its subsidiaries. A spokesperson said, “Hamilton Insurance Group, Ltd. [NYSE: HG] [the Company] announced today that AM Best [AM Best] has upgraded the Financial Strength Rating to “A” [Excellent] from... Read more of this article
Carey Olsen Advises On Hamilton Insurance IPO
Carey Olsen’s corporate team in Bermuda has advised Hamilton Insurance Group on its initial public offering on the New York Stock Exchange. A spokesperson said, “Bermuda-headquartered Hamilton Insurance underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Enhanced by data and technology,... Read more of this article
Hamilton Announces Closing Of Public Offering
Hamilton Insurance Group, Ltd. announced the closing of initial public offering of an aggregate of 15,000,000 Class B common shares, including 6,250,000 Class B common shares sold by the Company and 8,750,000 Class B common shares sold by certain of the Company’s current shareholders, at a price to the public of $15.00 per share. A spokesperson said,... Read more of this article
Hamilton Insurance Announces IPO Pricing
Hamilton Insurance Group, Ltd. announced the pricing of its initial public offering of 15,000,000 of its Class B common shares at a price to the public of $15.00 per share. A spokesperson said, “The offering consists of 6,250,000 Class B common shares offered by the Company and 8,750,000 Class B common shares offered by certain of the Company’s... Read more of this article
Hamilton Insurance Announces Launch Of IPO
Hamilton Insurance Group, Ltd. announced today the launch of its initial public offering of 15,000,000 of its Class B common shares pursuant to a registration statement on Form S-1 filed with the US Securities and Exchange Commission [SEC]. A spokesperson said, “The offering consists of 6,250,000 Class B common shares offered by the Company and... Read more of this article
Hamilton Appoints Henna Karna & John Gauthier
Hamilton Insurance Group welcomed Dr. Henna A. Karna and John J. Gauthier to its Board of Directors. A spokesperson said, “Hamilton Insurance Group, Ltd. [Hamilton or the Company] announced today that Dr. Henna A. Karna and John J. Gauthier have been appointed to the Company’s Board of Directors, effective October 24, 2023.” Commenting... Read more of this article
Hamilton Appoints Daniel Tague As SVP
Hamilton Insurance Group, Ltd. has appointed Daniel Tague. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced the appointment of Daniel Tague as SVP, Excess Casualty at Hamilton Select, its US excess and surplus [E&S] lines insurer with a Financial Strength Rating of A- [Excellent] from A.M. Best Company, Inc. “Based... Read more of this article
Simmons Joins Hamilton Insurance Board
Hamilton Insurance Group, Ltd. today announced the appointment of Everard Barclay Simmons to the Company’s Board of Directors, effective August 14, 2023. Hamilton Board Chair David Brown said of the appointment: “Our Board of Directors is delighted to have Barclay join us as a Director. His wealth of experience in leadership roles across... Read more of this article
Hamilton Insurance Appoints David Brown
Hamilton Insurance Group, Ltd. announced that David A. Brown, a long-standing member of the Hamilton Board of Directors, has been appointed to the role of Chair, effective May 15, 2023. A spokesperson said, “Current Board Chair, Bill Freda, who has served on the Board for nine years, the last six years as Chair, will continue to serve on the Board... Read more of this article
Hamilton Insurance Appoints Anita Kuchma
Hamilton Insurance Group, Ltd. announced the appointment of Anita Kuchma as Chief Executive Officer at Hamilton Select. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced the appointment of Anita Kuchma as Chief Executive Officer at Hamilton Select, its US excess and surplus [E&S] lines insurer with a Financial Strength Rating... Read more of this article
