|By PR Newswire||
|December 23, 2013 11:02 AM EST||
HAMILTON, Bermuda, Dec. 23, 2013 /PRNewswire/ -- Hamilton Insurance Group, Ltd. today announced that it has completed its acquisition of S.A.C. Re, Ltd., a Bermuda-based Class 4 property and casualty reinsurer, and that the acquired company is being renamed Hamilton Re, Ltd.
Brian Duperreault, Hamilton Re's Chief Executive Officer, said, "The Hamilton Re team looks forward to bringing a fresh approach to insurance and reinsurance, one based not just on world-class underwriting, but also a strong foundation of large data analytics, research, and fully-integrated technology. We are excited to get to work with our clients."
Hamilton Re, Ltd. is rated "A-" (Excellent) with a stable outlook by A.M. Best Company, Inc.
SOURCE Hamilton Insurance Group, Ltd.