Hamilton books $80.6mn IPO net proceeds to capitalise on hard P&C cycle
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Hamilton books $80.6mn IPO net proceeds to capitalise on hard P&C cycle

Jairo Ibarra
14 November 2023
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Bermuda carrier Hamilton has recorded net proceeds of around $80.6mn, after deductions for underwriting discounts and commissions, as well as estimated expenses payable, at the closing of its IPO.

The company said it intends to use the funds to make capital contributions to its insurance and reinsurance operating subsidiaries and take advantage of favourable market conditions by writing more business.

The

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News Hamilton Insurance Group Bermuda
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Jairo Ibarra
Senior Reporter
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