Latest news with #HamiltonGlobalSpecialty
Business Wire
17-06-2025
- Business
- Business Wire
Hamilton Announces Executive Appointments
PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ('Hamilton' or the 'Company') today announced the appointments of Adrian Daws to Chief Executive Officer, Hamilton Re, based in Bermuda, and Alex Baker to Chief Executive Officer, Hamilton Global Specialty, based in London, succeeding Daws. Both appointments are subject to requisite regulatory approvals, and in the case of Daws, also subject to immigration approval. Additionally, Tim Duffin has been appointed to the newly created role of Group Chief Underwriting Officer, based in Bermuda effective January 1, 2026, subject to requisite regulatory approval. Daws, Baker and Duffin will all be part of the Executive Management team reporting to Pina Albo, Group Chief Executive Officer. Megan Graves, who has served as Chief Executive Officer of Hamilton Re since 2020, has decided to retire from the Company, effective December 31, 2025. 'I am extremely pleased to congratulate Adrian, Alex and Tim on their well-deserved appointments,' David A. Brown, Board Chair said. 'We are fortunate to have such strong and talented individuals on the Hamilton team; employees who are aligned with our strategy and values and who are able to seamlessly step into key roles and continue our forward momentum and success.' Albo added: 'Our ability to appoint Adrian, Alex and Tim from within Hamilton is a testament to the bench strength we've cultivated across our organization over the years. These leaders are seasoned professionals, who have demonstrated exceptional commitment, vision and performance and will be instrumental in continuing to execute our strategy of building a global specialty insurance and reinsurance company. I am thrilled with the appointments of Adrian, Alex and Tim and look forward to working with them as we continue building our profitable track record. 'Megan's decision to retire follows an impressive five years with the Company, which has included strategically growing Hamilton Re into a highly profitable and diversified insurance and reinsurance platform, establishing a strong key client relationship strategy and leveraging our A.M. Best 'A' rating. During her tenure, Megan also built a formidable team of talented professionals who will continue to serve Hamilton and its clients. We thank Megan for her many contributions to Hamilton and wish her a healthy and happy retirement.' Daws was appointed Chief Executive Officer, Hamilton Global Specialty in 2020 and has over 25 years of industry experience, with extensive knowledge across insurance and reinsurance. He joined Hamilton in 2015 as Head of Specialty and Deputy Active Underwriter before transitioning to Active Underwriter of Hamilton's Lloyd's syndicate in 2018. Baker was appointed Group Chief Risk Officer in 2022 and has over 25 years of experience in the insurance industry. He joined Hamilton in 2016, serving as Chief Risk Officer and Chief Actuary at Hamilton Global Specialty before being promoted to his groupwide role. Duffin was appointed Chief Underwriting Officer of Hamilton Re in 2017. He has over 25 years of insurance industry experience in the Bermuda and London markets. He joined Hamilton as Senior Vice President Property in 2012. 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. For more about our company, visit or find us on LinkedIn at Hamilton.
Yahoo
03-04-2025
- Business
- Yahoo
Hamilton Shares Rise After Big Money Buys
HG is a specialty insurance and reinsurance company with business interests primarily in Bermuda, but also elsewhere in the world. Its three main underwriting platforms are Hamilton Global Specialty, Hamilton Select, and Hamilton Re. HG offers a range of insurance products and services, from auto, liability, property, and health care, to aviation, space, marine, cyber insurance, and more. The company was incorporated in 2013 and recently received ratings upgrades from major agencies. Earnings-wise, HG's fourth-quarter fiscal 2024 report showed big annual growth amid challenges. Net income grew by 55% on a year-over-year basis, to $400 million. A big reason for this was the jump in gross premiums written by the company – 24% growth to $2.4 billion. This increase reflected gains in Bermuda-based and international business. Even though the company experienced big losses with Hurricanes Helen and Milton, it still produced $149 million in underwriting income. It's no wonder HG shares are up 12% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock. Institutional volumes reveal plenty. In the last year, HG has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in HG shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of financials names are under accumulation right now. But there's a powerful fundamental story happening with Hamilton. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, HG has had strong sales and earnings growth: 3-year sales growth rate (+57.7%) 3-year EPS growth rate (+68.1%) Source: FactSet Also, EPS is estimated to ramp higher this year by +45.8%. Now it makes sense why the stock has been powering to new heights. HG has a track record of strong financial performance. Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term. Hamilton recently became a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It just made the rare Top 20 report multiple times. The blue bars below show when HG was a top pick…indicating higher prices ahead: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. The HG rally isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author holds no position in HG at the time of publication. If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here. This article was originally posted on FX Empire Hamilton Shares Rise After Big Money Buys European Rearmament Plans: National Policy Choices Will Shape Fiscal Impact Big Money Likes Being Caught in the Tradeweb With Big Money, Forced Selling Precedes Forced Buying Veeva Shares Advance on Revenue, AI Growth Halozyme Joins the $1 Billion Club Sign in to access your portfolio
Yahoo
18-02-2025
- Business
- Yahoo
Hamilton Global Specialty Announces Mike Thorp as Head of Space and Chris Golder as Head of Treaty
PEMBROKE, Bermuda, February 18, 2025--(BUSINESS WIRE)--Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, Ltd. (NYSE: HG) ("Hamilton" or the "Company"), is pleased to announce two senior underwriting appointments, highlighting the strength of internal talent and succession planning supporting the Company's business priorities. Mike Thorp has been appointed as Head of Space, reporting to Sinead Cormican, Deputy Active Underwriter, Syndicate 4000 and Chris Golder has been appointed as Head of Treaty, reporting to Miles Osorio, Active Underwriter, Syndicate 4000. "We are pleased to see Mike and Chris step into these new roles," said Hamilton Global Specialty CEO Adrian Daws. "Their promotions are not only well-deserved but also a reflection of our focus on developing leaders who can shape the future of Hamilton. "We are committed to these lines of business and look forward to maintaining momentum with the continued leadership of Mike and Chris and their talented teams." Thorp has been at Hamilton since September 2015 and was integral to the launch of the space programme in 2016 and its success over the past nine years. He has 24 years' technical and underwriting experience in the field of space. Golder joined the Hamilton treaty insurance team in February 2023 and has 16 years' insurance industry experience, including a decade in underwriting. About Hamilton Insurance Group, 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. For more about our company, visit or find us on LinkedIn at Hamilton View source version on Contacts Media contact Kelly Corday Investor contacts Jon Levenson and Darian Sign in to access your portfolio
