Hamilton Insurance Group
-
Last week, the Bermudian carrier filed its draft registration statement for a proposed IPO to the US Securities and Exchange Commission. -
The carrier has not determined the number of common shares to be offered, nor the price range for its proposed IPO.
-
The executive brings 17 years of industry experience and joins from N2G Worldwide Insurance Services, where he served as SVP of underwriting.
-
The carrier experienced a downturn in investment performance during 2022.
-
Inside P&C’s news team runs you through the key highlights of the week.
-
The group’s returns have been driven by Two Sigma, but the total return model is perceived as toxic.
-
Any capital event is likely to take place following the hurricane season, Reuters reported.
-
The executive will report to Hamilton Group CEO Pina Albo, and will succeed Clay Rhoades, who has left the carrier.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The agency also affirmed the long-term issuer credit ratings of A- (excellent) on Hamilton Re and Hamilton Insurance Designated Activity Company.
-
Clay Rhoades, formerly US E&S president, is named the new insurer’s CEO and will continue to report to Hamilton Insurance CEO Pina Albo.
-
The two executives will be based in the carrier’s Richmond, Virginia offices reporting to US E&S president Clay Rhoades.
Related
-
Ategrity IPO: Not all E&S is created equal
May 22, 2025 -
Hamilton pegs CA wildfire losses at $120mn-$150mn: CEO
February 27, 2025