Excess and surplus refers to the additional funds an insurance company holds beyond its estimated liabilities or required reserves. This extra cushion helps the company stay stable during unexpected events or claims, providing confidence to policyholders and investors alike. For investors, it signals the company's financial strength and ability to withstand unforeseen risks, making it an important indicator of overall health.
property and casualtytechnical
Property and casualty insurance covers losses to physical assets (property) like homes, cars or equipment and legal liabilities (casualty) such as claims for injury or damage you’re responsible for. For investors, P&C companies collect premiums, pay claims and hold capital to cover future payouts; shifts in claim frequency, repair costs, weather events or legal rulings directly affect their profits and balance-sheet strength, making these insurers sensitive to economic and risk trends.
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PEMBROKE, Bermuda--(BUSINESS WIRE)--
Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or the “Company”) today announced the appointment of Christopher (“Chris”) R. Stella as Chief Claims Officer of Hamilton Select, its primary carrier for domestically placed US excess and surplus (“E&S”) business, effective May 18, 2026.
Chris Stella Appointed Chief Claims Officer of Hamilton Select
In his new role, Stella will report to Anita Kuchma, Chief Executive Officer of Hamilton Select and will be based remotely in the United States. He will lead Hamilton Select’s claims organization and support the platform’s continued growth and commitment to exceptional client service, following its recent upgrade to an "A" rating by AM Best.
“Chris is a highly respected claims leader with deep technical expertise and a proven ability to build and lead high-performing teams,” said Kuchma. “His extensive industry experience and strong client-focused approach make him an outstanding addition to our leadership team as we continue to strengthen our platform and capabilities.”
Stella brings over 20 years of property and casualty claims experience to Hamilton Select. He spent over 18 years with Chubb, serving in a series of claims leadership positions of increasing responsibility. Most recently, he served as Head of Property and Casualty Claims for Westchester, Chubb’s E&S division. Earlier in his career, Stella held environmental claims and compliance leadership roles with several companies including AIG. Stella is admitted to the New York and New Jersey State Bars.
About Hamilton Insurance Group, Ltd.
Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.
