Hamilton promotes Tristan Latarche to lead $300m casualty sidecar platform

Bermuda-based specialty re/insurer Hamilton Insurance Group has launched its first reinsurance sidecar, a multi-year casualty platform expected to generate approximately $300 million in ceded premium, and promoted Tristan Latarche (pictured) to senior vice president of Hamilton ILS to lead the platform’s strategy and growth.

The investor capital and asset strategy will be provided by global investment firm Sixth Street.

Latarche joined Hamilton as vice president, portfolio manager in September 2024 to support Hamilton’s third-party capital strategy. Prior to Hamilton, he held various underwriting and actuarial roles at Hiscox Re in London. Latarche is a fellow of the Institute of Actuaries. He reports to Tim Duffin, group chief underwriting officer. 

Duffin said: “We are extremely pleased to announce that we have successfully established our first casualty reinsurance sidecar. This sidecar enhances our ability to support casualty reinsurance underwriting through scalable and efficient capital solutions, supports our disciplined growth strategy, and provides Hamilton with an additional source of fee income.”

“Tristan’s promotion further strengthens our leadership bench as we continue to develop our third-party capital capabilities over the long term.”

Hamilton will leverage its existing third-party capital platform Ada Re for this offering. 

Aon Securities acted as sole structuring agent and placement agent for the transaction. Willkie Farr & Gallagher and Carey Olsen Bermuda served as legal counsel for Hamilton.

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