Reinsurance News
Hamilton Insurance
RiverStone Europe & Hamilton Managing Agency complete RITC transaction
5th March 2021
Legacy specialist RiverStone Europe has completed a reinsurance-to-close (RITC) transaction of the legacy liabilities of the 2018 and prior years of account of Syndicate 4000, managed by Hamilton Managing Agency Limited. Under the arrangement, legacy Pembroke business that remained with Liberty Mutual Group following Hamilton Insurance Group's acquisition of Pembroke and ... Read the full article
AXA XL’s Elaine Scully named Hamilton Re SVP, head of casualty
19th January 2021
Bermuda-based re/insurer Hamilton has announced the appointment of Elaine Scully as Senior Vice President, Head of Casualty Insurance within Hamilton Re. Scully reports to Tim Duffin, Hamilton Re Chief Underwriting Officer and will be based in Bermuda. She is due to join in mid-February. “We're committed to the excess casualty insurance space in ... Read the full article
Hamilton adds Trevor Ormes & Florence Mognetti to Lloyd’s operations
13th January 2021
It's been announced that both Trevor Ormes and Florence Mognetti have joined Hamilton Managing Agency, the Lloyd's of London operations of Bermuda-based insurer and reinsurer, Hamilton Insurance Group. Ormes joins as Deputy Active Underwriter of Syndicate 4000 and Head of Professional Lines, while Mognetti has been appointed as Head of Political ... Read the full article
Hamilton enters environmental insurance, appoints Markel’s Termini to lead
10th December 2020
Bermuda-based re/insurer Hamilton has entered the environmental insurance marketplace and appointed John Termini to lead the unit as US head of environmental. Termini brings over 25 years' professional/environmental experience and joins from Markel Specialty Insurance Company, where he was managing director, environmental & energy. Before his time at Markel he was with ... Read the full article
Hamilton launches Ada Re, a newly-formed special purpose insurer
23rd November 2020
Bermuda-based Hamilton Insurance Group has announced the launch of Ada Re, a newly-formed special purpose insurer. Ada Re has secured capital commitments and will look to provide capacity for high-return collateralised retrocession reinsurance contracts on a market-facing basis. The newly launched venture will leverage the portfolio management expertise and leadership of Hanni ... Read the full article
Hamilton announces three leadership promotions at its Lloyd’s operations
9th November 2020
Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd., has today announced three promotions within the leadership team at its Lloyd's of London operations, subject to regulatory approval. The promotions include the appointment of Adrian Daws, currently Active Underwriter of Lloyd's Syndicate 4000, as Chief Executive Officer (CEO) of Hamilton Managing Agency ... Read the full article
Hamilton to use current climate as growth opportunity
6th October 2020
Global re/insurer, Hamilton Group has confirmed in a recent webinar that they are using the current financial climate as an opportunity to grow, despite the ongoing uncertainty surrounding another year of difficult markets. Reinsurance News recently hosted a webinar partnered with sister company, Artemis and in association with our partners Kroll ... Read the full article
Positive rate momentum evident across all core lines: Hamilton CEO Albo
29th September 2020
Bermuda-based insurer and reinsurer, Hamilton Insurance Group, is witnessing rate increases across all of its core lines of business and expects this more favourable trend to persist into 2021, according to the company's Chief Executive Officer (CEO), Pina Albo. Read the full article
Hamilton appoints head of M&A for North America & LatAm
24th August 2020
Bermuda-based re/insurer Hamilton Insurance Group has announced the appointment of Aartie Manansingh to lead the development of its mergers and acquisitions (M&A) division in North America and Latin America. Manansingh comes to Hamilton from Willis Towers Watson (WTW) where she was a director in the firm’s M&A group, facilitating the placement ... Read the full article
Hamilton appoints Division Head, Excess Casualty, Hamilton Insurance Agency
5th March 2020
Bermuda-based insurer and reinsurer Hamilton Insurance Group has appointed Fergus Fergusson as Division Head, Excess Casualty for Syndicate 4000 and for Hamilton Insurance DAC. Syndicate 4000, a diversified multi-line re/insurance syndicate, is managed by Hamilton Insurance Agency Limited, and Hamilton Insurance DAC is the company's Dublin-based arm. Fergusson joins Hamilton after nine ... Read the full article
Hamilton adds Langhorne Re’s Pestcoe to Board of Directors
28th February 2020
Bermuda-based insurer and reinsurer, Hamilton Insurance Group, has announced the addition of Marvin Pestcoe of Langhorne Re to its Board of Directors. Langhorne Re is the joint-venture, third-party capital-backed life and annuity reinsurer that was launched by reinsurer RenaissanceRe and life reinsurer, Reinsurance Group of America. At Langhorne Re, Pestcoe ... Read the full article
Hanni Ali to lead renamed Hamilton ILS platform
8th January 2020
Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. has renamed its insurance-linked securities (ILS) platform and appointed Hanni Ali as its new lead executive. The re/insurer launched its ILS and third-party capital unit in 2018, under the name Hamilton Capital Partners. The platform is home to the firm's ILS activities such ... Read the full article
Hamilton puts Acappella syndicate into run-off
18th November 2019
Bermuda-based reinsurer Hamilton Insurance Group has announced that it is placing Acappella Syndicate 2014 into run-off with immediate effect. Group CEO Pina Albo explained that the third-party capital-supported Lloyd's syndicate was not expected to produce an adequte return on capital. Hamilton took on the syndicate as part of its recent acquisition ... Read the full article
Hamilton’s Pembroke announces new cyber team, product
6th November 2019
Pembroke Managing Agency Limited, recently acquired by Bermuda-based re/insurer Hamilton Insurance Group, has established a new team of cyber underwriters and announced the launch of a new product. Pembroke’s four-person cyber team, led by divisional director Jacqueline Spencer-Sim, consists of senior underwriter Iain Ainslie, underwriter Maria Mathews, and assistant underwriter ... Read the full article
Hamilton recruits Head of Casualty & Specialty Reinsurance from Third Point Re
1st October 2019
Bermuda-based re/insurer Hamilton Insurance Group has announced the appointment of Steve Wilson as Senior Vice President (SVP), Head of Casualty & Specialty for its new US reinsurance platform. Wilson joins Hamilton from Third Point Re, where he most recently served as SP Underwriting. Prior to this he spent over 11 years at ... Read the full article
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