Hamilton Insurance Group
-
The executive has worked for Hamilton for over a decade. -
The pricing on the deal has settled below initial guidance at 7.5%.
-
The reinsurer is seeking wind and quake coverage on a per-occurrence, weighted industry insured loss basis.
-
The agency also affirmed the long-term issuer credit ratings of A- (excellent) on Hamilton Re and Hamilton Insurance Designated Activity Company.
-
The carrier will continue to write the business from Bermuda and the US.
-
Brad Sforza will join the carrier from a role at PartnerRe.
-
Ali will take charge of Hamilton’s future cat bond placements, having been involved in the recent renewal of its sidecar Turing Re.
-
Tony Ursano left TigerRisk in May after four years with the company.
-
The bond offers protection against certain losses from US named storms and US earthquakes.
-
The sidecar was established in 2017 to provide support for Hamilton Re’s reinsurance portfolio.
-
The former Horseshoe and Flagstone Re executive will develop the insurer's third-party capital business.
