Hamilton Insurance News

AM Best Upgrades Rating of Hamilton Re, Hamilton Insurance DAC to “A” (Excellent)

AM Besthas upgraded the Financial Strength Rating to “A” (Excellent) from “A-” (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Hamilton Re Ltd., in Bermuda, and Hamilton Insurance Designated Activity Co., in Dublin, Ireland. …

Hamilton Insurance Shares Rise 1.7% in NYSE Debut

Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid market debut on Nov. 10, indicating limited investor appetite for new listings. The Bermuda-based company’s stock opened at $15.25, compared with the initial public …

Hamilton Insurance Targets Up to $2B Valuation in IPO

Hamilton Insurance Group is targeting a valuation of up to $2 billion in its U.S. initial public offering, the specialty insurer said on Wednesday. The company, along with some existing investors looking to sell their shares, aims to raise up …

People Moves: Hartford’s Kirk Joins Acrisure; Hamilton Select Welcomes Minarik From AmWINS, James River’s Kirkland

Insurance broker Acrisure has appointed Matthew Kirk as executive vice president and head of Insurance Strategy and Execution. Kirk joins Acrisure following 16 years at The Hartford, where he served as senior vice president and chief officer, Sales & Distribution, …

Hamilton Launches U.S. E&S Insurer, Names Rhoades CEO

Bermuda-based specialty insurer Hamilton Insurance Group, Ltd. reports it has formed Hamilton Select Insurance Inc., a U.S. excess and surplus (E&S) lines insurer. Hamilton Select Insurance Inc. is domiciled in Delaware and joins Hamilton’s existing operating subsidiaries Hamilton Re, Ltd. …

People Moves: Kinsale’s Secor to Hamilton’s New U.S. Unit; Marsh Names Quintal, McLellan Financial Lines Leaders

Marsh and Hamilton announced several professional appointments this week. Hamilton Insurance Group, Ltd. has appointed Jamie Secor as head of Professional Liability Insurance at its U.S. managing general agency, Hamilton Managing General Agency Americas. In this newly-created role, Secor has …

Hamilton Insurance Places Lloyd’s Syndicate Acappella Into Runoff

Hamilton Insurance Group Ltd. said it is placing Acappella Syndicate 2014 into runoff. Acappella is a third-party capital supported Lloyd’s syndicate included in Hamilton’s acquisition in August of Liberty Mutual’s Pembroke Managing Agency Limited (now Hamilton Insurance UK Limited). Acappella …

Hamilton to Double in Size with Completed Acquisition of Pembroke Managing Agency

Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual’s Pembroke Managing Agency at Lloyd’s and its Ironshore Europe DAC business. The acquisition, first announced in mid-March, will double the premium volume and size of Hamilton, a Bermuda-based …

Betting on the Insurance Industry of Tomorrow at InsureTech Conference

There was a great turnout for the future of the insurance industry this week in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs, investors and insurance executives from around the …