Reinsurance News
Hamilton Insurance
Hamilton “greatly enhanced” by Pembroke, Ironshore acquisitions: KBRA
21st August 2019
Kroll Bond Rating Agency (KBRA) has underscored the inherent benefits of Hamilton Group’s acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group. KBRA believes the deal, which is expected to provide Hamilton with an opportunity to ... Read the full article
Hamilton seals Liberty acquisitions, adds Tony Ursano as group CFO
21st August 2019
Bermuda-based re/insurer Hamilton Insurance Group has completed its previously announced acquisition of Pembroke Managing Agency and its platform at Lloyd's, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group. The addition of both the Pembroke and IEDAC businesses accelerates Hamilton’s growth plans in specialty insurance, whilst ... Read the full article
Hamilton Insurance Group adds Chief Technology Officer
18th July 2019
Venkat Krishnamoorthy has joined Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. from Coleman Research, to the newly created position of Chief Technology Officer (CTO). Effective August 5th, 2019, Krishnamoorthy will report to Group Chief Executive Officer (CEO), Pina Albo. In his new role, he will take responsibility for the continued ... Read the full article
Hamilton announces executive developments
26th March 2019
Bermuda domiciled insurer and reinsurer, Hamilton Insurance Group, has announced a number of executive developments, including the departure of Dermot O'Donohoe as Chief Executive Officer (CEO) of Hamilton at Lloyd's. O'Donohoe joined the firm in 2015, and oversaw the acquisition of Sportscover Managing Agency and Syndicate 3334, and the subsequent development of ... Read the full article
Pembroke & Ironshore sale removes business overlap, says Liberty Mutual
18th March 2019
Liberty Mutual has said that its decision to sell Pembroke Managing Agency Limited and Ironshore Europe DAC (IEDAC) to Hamilton Insurance Group, Ltd. will remove business overlap resulting from its 2017 acquisition of Ironshore. The transaction, which was announced on March 14, will see Hamilton take over the Pembroke platform ... Read the full article
Hamilton acquires Pembroke and Ironshore Europe from Liberty Mutual
14th March 2019
Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency Limited platform at Lloyd's, and also Ironshore Europe DAC (IEDAC). The transaction is expected to close later in 2019, and once completed, sees Hamilton almost double its total ... Read the full article
Hamilton’s investments with Two Sigma help generate consistent net income: KBRA
13th December 2018
Kroll Bond Rating Agency (KBRA) has assigned a stable outlook and an insurance financial strength rating (IFSR) of A to Bermudian property and casualty (P&C) reinsurer Hamilton Re, citing the strengths of its investment fund. The company’s TS Hamilton Fund is managed by Two Sigma and has allowed Hamilton Re to ... Read the full article
Hamilton appoints Michael Papamichael to lead corporate strategy
4th December 2018
Hamilton Insurance Group, the Bermuda-based re/insurance holding company, has appointed Michael Papamichael as Senior Vice President (SVP) for Strategy & Corporate Development. He joins Hamilton from Sirius Global Services, where he most recently served as SVP, Global Planning Officer & Investor Relations and was responsible for strategic planning, acquisition modelling, due ... Read the full article
Hamilton Insurance Group appoints Daniel Fisher as Group Head of HR
5th July 2018
Bermudian holding company Hamilton Insurance Group has announced the appointment of Daniel Fisher as Group Head of HR. The London-based role will see Fisher take on the development of the Company’s human resources function, as well as a strategy for recruiting and retaining the talent to support Hamilton’s growth objectives. He ... Read the full article
Hamilton appoints Brenton Slade as SVP for new Capital Partners unit
31st May 2018
Hamilton Insurance Group, the Bermuda-based re/insurance holding company, has established a new business unit called Hamilton Capital Partners, and has appointed Brenton Slade as its Senior Vice President (SVP). The new Capital Partners unit will be tasked with further developing Hamilton’s capital management capabilities. Slade joins Hamilton from The Horseshoe Group, where ... Read the full article
Claude Lefebvre to leave Hamilton Re
23rd March 2018
Bermudian reinsurer Hamilton Re has announced that Claude Lefebvre, current Chief Underwriting Officer (CUO), Partnerships & Casualty Reinsurance, is to leave the firm in order to pursue other interests. Lefebvre was a founding member of Hamilton Re, the Bermuda platform of insurer and reinsurer Hamilton Insurance Group, and will stay on ... Read the full article
Hamilton Underwriting reorganises underwriting team
20th February 2018
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance, has announced a reorganisation of its underwriting team. Head of Specialty, Adrian Daws, and Head of Direct & Facultative Property, Miles Osorio, will each assume the position of Active Underwriter, reporting directly to Hamilton Underwriting Chief ... Read the full article
Hamilton completes Reinsurance to Close on legacy syndicate business
20th December 2017
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group, has reached an agreement with Randall & Quilter (R&Q) in conjunction with AXA DBIO to support the Reinsurance to Close (RITC) of the syndicate's 2014 and prior years of account. The RITC has estimated net reserves ... Read the full article
Munich Re’s Pina Albo named new CEO of Hamilton Insurance Group
19th October 2017
Bermuda domiciled Hamilton Insurance Group has announced that Pina Albo will join the company from reinsurance giant Munich Re, to become the firm's new permanent Chief Executive Officer (CEO) after the departure of Brian Duperreault. Albo will assume the CEO position from February 1st, 2018, and replaces Interim Group CEO, David Brown, ... Read the full article
Hamilton hires Nikhil Barvé for Outwards Reinsurance and Underwriting Supervision
11th September 2017
Hamilton Insurance Group has hired Nikhil Barvé from Markel to take up the role of Head of Outwards Reinsurance and Underwriting Supervision in the firms Lloyd's operations. Barvé will report to Chief Executive Officer Dermot O’Donohoe and Active Underwriter and Head of Treaty Trevor Carvey of Hamilton Underwriting Limited, the managing ... Read the full article
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