Welcome to our dedicated page for Hamilton Insurance Group news (Ticker: HG), a resource for investors and traders seeking the latest updates and insights on Hamilton Insurance Group stock.
Hamilton Insurance Group (HG) delivers specialty insurance and reinsurance solutions through global underwriting platforms in key markets including Bermuda, London, and the United States. This page provides investors and industry professionals with comprehensive access to HG's official announcements and market-moving developments.
Track critical updates including earnings reports, strategic partnerships, leadership changes, and underwriting innovations. Our curated news collection simplifies monitoring HG's approach to complex risk management across its International and Bermuda segments.
Discover timely information on HG's three core platforms – Hamilton Global Specialty, Hamilton Select, and Hamilton Re – with context for their impact on the specialty insurance sector. All content is verified for accuracy and relevance to support informed analysis.
Bookmark this page for direct access to HG's latest press releases and objective reporting on its position in global reinsurance markets. Check regularly for updates reflecting the company's evolving strategies in specialty risk solutions.
Hamilton Insurance Group, (NYSE: HG) reported strong financial results for the first quarter of 2024, with a net income of $157.2 million, marking the sixth consecutive quarter of underwriting profitability. The company saw significant growth in gross premiums written, net premiums earned, and underwriting income. The return on average equity was 29.5%, with an annualized gross premiums written increase of 34.1% compared to the same period in 2023. Hamilton's financial performance was bolstered by an AM Best ratings upgrade, enhancing market opportunities.
Hamilton Insurance Group, (NYSE: HG) announced that AM Best upgraded the Financial Strength Rating of its subsidiaries, Hamilton Re, and Hamilton Insurance DAC, to 'A' (Excellent) from 'A-' (Excellent). The Long-Term Issuer Credit Ratings also improved to 'a' (Excellent). AM Best highlighted Hamilton's strong balance sheet, adequate operating performance, and improving underwriting results over the past five years. The upgrade reflects the company's dedication to building a global specialty insurance and reinsurance company.
Hamilton Insurance Group, (NYSE: HG) announced the appointment of Athena Tolosa as Chief Financial Officer at Hamilton Re, replacing Chad Cundliffe. Tolosa will report to Hamilton Re Chief Executive Officer Megan Thomas and Group Chief Accounting Officer Brian Deegan. With an 18+ year career in the (re)insurance industry, Tolosa brings significant experience from roles at RenaissanceRe and Tokio Millenium Re. Her appointment is seen as a valuable addition to the finance team.
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