adrian-daws
Adrian Daws, Hamilton Managing Agency
21 October 2021

Hamilton exits London property treaty reinsurance

Hamilton Insurance Group has decided to cease writing property treaty reinsurance through Syndicate 4000 in London.

“We regularly review our book to ensure that we continue to drive underwriting profitability in line with Hamilton’s strategy of building a global, diversified specialty insurance and reinsurance company,” said Adrian Daws, CEO, Hamilton Managing Agency Limited, on Thursday.

“This decision allows us to reduce volatility in our Lloyd’s business and focus on writing specialty niche products.”

The company will continue to write property treaty reinsurance out of Bermuda, it added, “consolidating our peak peril catastrophe reinsurance underwriting into one hub”. It will also continue to support US regional property reinsurance business through a US-based team.




More on this story

article
19 November 2021   John Neal on the island this week for visit coordinated by Mosaic.
article
15 December 2021   New hires for Virginia base as it develops business.
article
19 January 2022   David Friston from AIG to head up new line.

More on this story

article
19 November 2021   John Neal on the island this week for visit coordinated by Mosaic.
article
15 December 2021   New hires for Virginia base as it develops business.
article
19 January 2022   David Friston from AIG to head up new line.