Welcome to the new home of Hamilton Insurance Group on the web.

Our site recommends content to users like you based on where you are in the world and the choices you make while you visit. As such, it helps to get you to the information you need as quickly as possible.

Please note that our site uses cookies—small text files that are sent to your device when you visit a website — to help provide you with the best user experience. By continuing to use this site, you consent to the use of these cookies.

I accept and want to enter the site
&

Press Release

Hamilton Re Establishes Turing Re, a Special Purpose Vehicle

HAMILTON, Bermuda, June 5, 2017—Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, today announced that it has established its first special purpose vehicle, Turing Re Ltd. (“Turing Re”). Turing Re will provide collateralized capacity for Hamilton Re’s global reinsurance portfolio.

TuringRe.CMYK

Turing Re has been funded with $65 million of capital, raised in a private placement syndicated among multiple investors, to provide support for Hamilton Re’s property treaty book of business.

Kathleen

“This transaction represents an exciting next step in the evolution of Hamilton Re as a diversified company meeting the needs of our current and future clients,” said Hamilton Re CEO Kathleen Reardon.

TigerRisk Capital Markets & Advisory acted as sole structuring and placement agent on the transaction. Willkie Farr & Gallagher LLP acted as legal counsel to Hamilton Re.

 

About Hamilton Re
Hamilton Re is the Bermuda-based platform for Hamilton Insurance Group, the Bermuda-based holding company for property and casualty insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s. The company leverages analytics and research to create underwriting and investment value for its clients and shareholders. For more information, please visit www.hamiltongroup.com | Twitter: @HamiltonInsures | LinkedIn: https://www.linkedin.com/company/hamilton-insurance-group