Reinsurance News
Hamilton Re
Megan Thomas named CEO of Hamilton Re
9th September 2020
Bermuda-based firm Hamilton Insurance Group has announced that Megan Thomas has been appointed as the new Chief Executive Officer (CEO) of its reinsurance arm, Hamilton Re. She will take over from David Brown, who has served as interim CEO of Hamilton Re following the departure Kathleen Reardon last month. Thomas arrives ... Read the full article
Reardon to depart Hamilton Re, David Brown made interim CEO
3rd August 2020
Kathleen Reardon is leaving her position as the Chief Executive Officer of Bermuda based reinsurer Hamilton Re, with David Brown set to replace her as an interim CEO. Hamilton Insurance Group, Ltd. announced that David Brown has been appointed Interim CEO of its reinsurance division Hamilton Re, Ltd. The company said that CEO ... Read the full article
AM Best affirms credit ratings of Hamilton subsidiaries
27th April 2020
AM Best has affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Hamilton Re and Hamilton Insurance Designated Activity Company, each a subsidiary of Hamilton Insurance Group. The outlook of these Credit Ratings remains stable. AM Best says its ratings reflect Hamilton’s balance sheet ... Read the full article
PartnerRe’s Sforza appointed Hamilton SVP, US property reinsurance head
20th January 2020
Specialty re/insurer Hamilton has appointed Brad Sforza to the role of senior vice president, head of property reinsurance for its new US reinsurance platform. Sforza brings 20 years of industry experience to the role and joins from PartnerRe, having most recently served as vice president, property and multiline treaty. He joins the ... Read the full article
Hamilton Re enters catastrophe bond market with $60mn US multi-peril deal
20th June 2019
The reinsurance arm of Bermudian firm Hamilton Insurance Group, Hamilton Re, has announced that via its Hamilton Capital Partners unit, it has sponsored its very first catastrophe bond transaction, a $60 million Easton 2019-1 deal. Hamilton Re has sponsored its first cat bond through the issuance of the Series 2019-1 Principal ... Read the full article
Hamilton Re promotes Hanni Ali to SVP for Risk & Analytics
3rd May 2019
Hamilton Re, the reinsurance arm of Bermuda-based Hamilton Insurance Group, has announced the promotion of Hanni Ali to Senior Vice President (SVP), Risk & Analytics. Ali leads the Risk & Analytics function at Hamilton Re, overseeing a team of nine that include catastrophe modellers and data scientists. He is also responsible for ... Read the full article
Hamilton Re raises $65mn collateralised capacity from sidecar Turing Re
5th April 2019
Hamilton Re, the reinsurance arm of Bermuda-based Hamilton Insurance Group, has secured $65 million of collateralised capacity through its special purpose sidecar vehicle, Turing Re Ltd. The capacity was obtained through the issuance of the Series 2019-1 preference shares from Turing Re in a syndicated private placement, the reinsurer explained. Turing Re ... 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 Re appoints Liam Chan as SVP, Casualty & Specialty
28th November 2018
Hamilton Re, the reinsurance arm of Bermuda-based Hamilton Insurance Group, has promoted Liam Chan to the position of Senior Vice President (SVP), Casualty & Specialty. Reporting to Tim Duffin, Chan will underwrite a broad portfolio of casualty and professional lines business including several specialty classes. Chan joined Hamilton Re in 2015 as ... Read the full article
Hiscox Re’s David Roache joins Hamilton Re as SVP, Head of Risk XS
14th November 2018
Hamilton Re, the reinsurance arm of Bermuda-based Hamilton Insurance Group, has announced that David Roache has joined the firm in the newly-created role of Senior Vice President (SVP), Head of Risk XS. He will report to the company's Chief Underwriting Officer (CUO), Tim Duffin, and joins from reinsurer Hiscox Re, where ... Read the full article
Hamilton Re welcomes Carol Redahan as new Controller
16th May 2018
Hamilton Re, the Bermuda-based insurance and reinsurance platform for Hamilton Insurance Group, has announced the appointment of Carol Redahan as Senior Vice President, Controller. Reporting to Hamilton Re Chief Financial Officer Vanessa Hardy Pickering, Ms. Redahan will be bringing almost 20 years’ experience within the financial services and reinsurance industries. She joins ... 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 Re announces changes to underwriting leadership
6th September 2017
The Bermuda-based reinsurance arm of Hamilton Insurance Group, Hamilton Re, has announced some leadership changes as it positions itself as "a new kind of Tier 1 company." Kathleen Reardon, Chief Executive Officer (CEO) of Hamilton Re, has made a number of leadership changes to the firm's underwriting functions, aligning talent with ... Read the full article
Hamilton Re sets up its first alternative capital structure
5th June 2017
Hamilton Insurance Group's Bermuda domiciled subsidiary, Hamilton Re, has announced the establishment of Turing Re Ltd., the company's first special purpose reinsurance vehicle. The vehicle, Turing Re Ltd., is the reinsurer's very first alternative reinsurance capital structure, and will provide collateralized reinsurance capacity for Hamilton Re's international reinsurance portfolio. Chief Executive Officer ... Read the full article
AIG, Hamilton & Two Sigma reveal strategic partnerships and MOU
15th May 2017
Following AIG's appointment of Brian Duperreault as President & CEO and new senior executive appointments at Hamilton Insurance, it's been revealed that the two companies, alongside Two Sigma Insurance Quantified, plan to expand their relationships, which includes the acquisition of Hamilton USA by AIG. Senior executive appointments have been announced at both AIG ... Read the full article
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