Hamilton Insurance to go public
Hamilton Insurance Group Ltd, the Bermudian-headquartered holding company, has proposed to take the company public.
A notification has been sent to the US Securities and Exchange Control.
Pina Albo has been the chief executive officer of Hamilton Insurance Group since January 2018.
The company formed in 2013 underwriting specialty insurance and reinsurance risks on a global basis through its operating subsidiaries Hamilton Re Ltd in Bermuda, Hamilton Insurance DAC in Ireland and Hamilton Managing Agency Ltd (Syndicate 4000) in London.
Hamilton Insurance was the brainchild of veteran insurance executive Brian Duperreault.
A statement from the company this morning advised: “Hamilton Insurance Group, Ltd. has submitted, on a confidential basis, a draft registration statement on Form S-1 with the US Securities and Exchange Commission, relating to a proposed underwritten initial public offering of its common shares.
“The initial public offering is subject to market and other conditions and the completion of the SEC’s review process.
“The number of common shares to be offered and the price range for the proposed offering have not yet been determined.”