Hamilton Re Established Turing Re Ltd. Special Purpose Vehicle

Hamilton Re announced the formation of special purpose sidecar vehicle Turing Re Ltd.

• Capitalized with an initial $65 million raised in a syndicated placement
• Provides collateralized capacity for the global reinsurance business written by Hamilton Re
• Terms of the transaction were undisclosed

Turing Re represents a key next step in the evolution of Hamilton Re as a diversified company

• Leverages Hamilton’s sophisticated, industry-leading technology, analytics, and systems
• Further allows Hamilton Re to meet the needs of its current and future clients

Hamilton Re is a globally diversified reinsurer differentiated by:

• Industry-leading approach to data science and analytics to create superior underwriting value
• Sophisticated approach to portfolio modeling and risk management
• Talented and experienced management team with a proven track record of results

TCMA acted as sole structuring and placement agent to Hamilton Re

• Provided advice through all stages of the process, driving an optimal outcome for Hamilton Re
• Leveraged the range of TigerRisk’s capital markets, reinsurance, and analytics capabilities
• Key transaction steps led by TCMA included:
  • Provided key structuring and portfolio modeling advice and insight
  • Selected, introduced and arranged meetings with participating investors
  • Offered key insight around transaction terms & conditions
  • Provided critical execution support in drafting of investor materials and deal documentation