Hamilton Insurance Group
-
The company bolstered casualty reserves by $18mn, mostly from discontinued lines. -
Cat losses of $1.5mn, net of reinsurance, were primarily due to severe convective storms.
-
There has been significant talent displacement in the specialty reinsurance market.
-
The company has also promoted Alex Baker and Tim Duffin.
-
Robert Vetch joined the Lloyd’s business as CFO in 2019.
-
Hamilton also expects rising demand and stable supply for 1 June renewals.
-
Hamilton reported $150.5mn of net cat losses, partially offset by $9.2mn favourable prior year development.
-
The underwriter is taking on a role with Cipriani and Werner.
-
Sinead Cormican has served as deputy underwriter for the past four years.
-
The estimate is based on industry losses in the range of $35bn-$45bn.
-
Cat losses in the quarter totalled $49.1mn, net of reinsurance, of which $37.8mn was from Milton.
-
Aon is in hiring mode following the departure of several senior brokers to Howden Re.
Most Recent
-
Conduit under pressure from activist investor Bernstein
22 August 2025 -
Willis Gemini facility supported by QBE and Axis
22 August 2025 -
Daily Digest: Top news from 22 August
22 August 2025