Hamilton Insurance Group
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The CEO says her carrier will be targeting “thoughtful growth” in specialty insurance and reinsurance. -
The impending deal follows recent Lloyd’s legacy transactions with Neon and ArgoGlobal by RiverStone.
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It is understood the book will be reinsured to close into Compre’s new legacy syndicate once the launch is approved.
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Scully fills a gap left by the departure of Steve Hartwig to Ark last year.
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In a second hire, former Acappella political risk head Florence Mognetti will take on the same role at Syndicate 4000.
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The duo are expected to move to Lloyd’s start-up Mosaic, while Adrian Daws will take the top Hamilton job.
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Former Ryan Specialty Group and AIG executives join Nexus to lead the alliance.
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The insurance group’s CFO says his firm is still eagerly looking out for “the right” deals to pursue, even amid the pandemic.
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His arrival comes as rates surge across the excess casualty market, driven by social inflation in the US.
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Pestcoe previously spent around 18 years at PartnerRe, where he rose to become chief risk and actuarial officer.
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The executive was previously vice president of property and multiline treaty at PartnerRe
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Ali will take charge of Hamilton’s future cat bond placements, having been involved in the recent renewal of its sidecar Turing Re.
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