Hamilton Insurance Group
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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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Canopius, Elliott and Cinven look set to be disappointed as the Pina Albo-led rival bidder prevails.
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Hamilton and Cinven are the other parties in Evercore-run process.
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Robert Vetch was previously CFO of WR Berkley Underwriting.
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Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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The new role will see Chan write a broad book of casualty and specialty risks.
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The syndicate joins a growing list of carriers to exit the challenged line of business.
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The Hamilton Insurance Group CEO cautioned against dealmaking as a panacea.
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Hamilton plans a reinsurer to serve a $40bn ceded premiums market in the US.
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The company looks to address a tax issue faced by its major backers without a strategic pivot.
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The billionaire co-founders of Two Sigma are looking to avoid falling foul of stricter US tax rules.
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