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Hamilton Insurance Group Priced, NYSE: HG

Bermuda-based provider of reinsurance and specialty insurance.

Industry: Financials

Latest Trade: $15.90 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +6.0%

Industry: Financials

We are a global specialty insurance and reinsurance company founded in Bermuda in 2013. We harness multiple drivers to create shareholder value. These include diverse underwriting operations supported by proprietary technology and a team of over 500 full-time employees, a strong balance sheet, and a unique investment management relationship with Two Sigma Investments, LP (“Two Sigma”). We operate globally, with underwriting operations in Lloyd’s of London (“Lloyd’s”), Ireland, Bermuda, and the United States. We are led by an entrepreneurial and experienced management team that have almost tripled our gross premiums written over the last five years, from $571 million for the year ended November 30, 2018 to $1.6 billion for the year ended December 31, 2022, while also reducing our combined ratio by 22 percentage points. We believe the combined effects of organic premium growth, strategic acquisition, new market developments and continuous platform cost optimization leave us well positioned to capitalize on the favorable market conditions across the lines of business written by our established and scaled underwriting platforms.
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IPO Data
IPO File Date 10/16/2023
Offer Price $15.00
Price Range $16.00 - $18.00
Offer Shares (mm) 15.0
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2023
Offer Price $15.00
Price Range $16.00 - $18.00
Offer Shares (mm) 15.0
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
Morgan Stanley
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Company Data
Headquarters Hamilton, Bermuda
Founded 2013
Employees 500
Website www.hamiltongroup.com

Hamilton Insurance Group (HG) Performance