Hamilton Re Sponsored Turing Re Ltd. 2019-1 Class A Shares

Transaction Overview

Hamilton Re announced the issuance of $65mm 2019-1 Class A Shares by Turing Re Ltd.

  • Latest transaction issued from Turing Re, following the inaugural Series 2017-1 issuance
  • Provided collateralized capacity for the global property reinsurance business written by Hamilton Re
  • Terms of the transaction were undisclosed

Turing Re Ltd. is a special purpose Bermuda-domiciled insurance vehicle formed in 2017

  • 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 the re/insurance platform for Hamilton Insurance Group (“Hamilton”)

  • Hamilton is a Bermuda-based holding company for P&C operations in Bermuda and at Lloyd’s
  • Leverages analytics & research to create U/W and investment value for clients & shareholders

TigerRisk Capital Markets & Advisory Role

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