Hamilton Insurance Group
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The launch follows the carrier’s decision earlier this year to put CatCo into run-off.
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The acquisition will allow the business to expand both its insurance and reinsurance operations, CEO Pina Albo said. -
Tony Ursano will formally join Hamilton Insurance Group in September, four months after leaving TigerRisk.
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The deal doubles Hamilton’s total premium base on a pro forma basis to $1.1bn.
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We would like to clarify that Hamilton Insurance Group currently holds an A- FSR rating from AM Best with a stable outlook.
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The walls are closing in on the total return reinsurers.
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Venkat Krishnamoorthy will take on the newly created role on 5 August.
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The collateralised capacity from Turing Re will support the reinsurer’s property treaty reinsurance portfolio.
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Newcomer Peter Barrett will oversee the integration of the Liberty Mutual businesses Hamilton is buying.
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Hamilton’s acquisition of Pembroke radically changes its business profile.
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The Bermuda group plans to expand the operation that manages syndicates for GIC Re and Patria Re.
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The agreement, which frees Liberty from overlapping Lloyd's businesses, includes Pembroke's Irish operation.
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