Hamilton Re Expands Into Credit, Bond and Political Risk Reinsurance With Appointment of Sergio Lottimore

PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Re, the Bermuda-based insurance and reinsurance underwriting platform of Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”), today announced its expansion into Credit, Bond and Political Risk Reinsurance with the appointment of Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance.

Based in Bermuda, Lottimore will report to Peter Riihiluoma, Senior Vice President and Head of Specialty Reinsurance at Hamilton Re. Hamilton Re offers a wide breadth of reinsurance solutions across multiple Property, Casualty and Specialty lines of business to meet the demands of its clients worldwide. The new Credit, Bond and Political Risk Reinsurance offerings will be incorporated within the Specialty Reinsurance portfolio, and further expands our offerings to clients.

“Our expansion into Credit, Bond and Political Risk Reinsurance marks a significant milestone for Hamilton Re in its commitment to building a globally diversified reinsurance offering,” said Hamilton Re CEO Megan Graves. “This exciting development is bolstered by Hamilton’s AM Best financial strength rating upgrade to “A” (excellent) announced earlier this year.

“I’m delighted to welcome Sergio to Hamilton. He brings dedicated expertise and experience in Mortgage, Trade Credit, Surety, Political Risks and Structured Credit lines to our already strong Specialty Reinsurance team.”

Lottimore has 18 years of specialty and financial lines market experience. He joins Hamilton from Validus Re where he was Vice President, Credit Lines Underwriter for three years. Prior to that, he spent 15 years in roles of continuous progression at MS Amlin.

About Hamilton Insurance Group, Ltd.

Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

For more about our company, visit www.hamiltongroup.com or find us on LinkedIn at Hamilton