Hamilton Re retains A- rating as AM Best ends review
A review of Hamilton Re's A- rating has ended at AM Best,
which affirmed the carrier's A- financial strength rating after
the Bermudian's parent company named a permanent CEO and
completed the sale of its US insurance operation to AIG.
The rating agency also said it has a stable outlook for Hamilton
Re.
It had put the reinsurer under review after Hamilton founder,
chairman and CEO Brian Duperreault left to take the helm at AIG in
a deal that also...
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