Hamilton Insurance Group
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The executive will report to Hamilton Group CEO Pina Albo, and will succeed Clay Rhoades, who has left the carrier. -
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The agency also affirmed the long-term issuer credit ratings of A- (excellent) on Hamilton Re and Hamilton Insurance Designated Activity Company.
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Clay Rhoades, formerly US E&S president, is named the new insurer’s CEO and will continue to report to Hamilton Insurance CEO Pina Albo.
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The two executives will be based in the carrier’s Richmond, Virginia offices reporting to US E&S president Clay Rhoades.
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The carrier will continue to write the business from Bermuda and the US.
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By moving a business from AIG's ecosystem into Coalition's, the perception of its value is transformed.
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Two Sigma has delivered stellar returns, but its major role at the firm makes it a total return (re)insurer, with all the baggage that carries.
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In a newly created role, Young will lead growth plans for the Bermudian carrier’s M&A lines.
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The appointment is part of an expansion into the onshore excess and surplus lines.
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Tony Ursano is leaving the business to launch an insurance and InsurTech advisory business.
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CEO Pina Albo says the company will be recruiting talent in “targeted lines of business”.
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