AM Best Upgrades Financial Strength Rating of Hamilton Re, Ltd. and Hamilton Insurance Designated Activity Company to “A” (Excellent)
Hamilton Insurance Group, Ltd. (HG)
Company Research
Source: Business Wire
PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) (“the Company”) announced today that AM Best (“AM Best”) has upgraded the Financial Strength Rating to “A” (Excellent) from “A-” (Excellent) and the Long-Term Issuer Credit Ratings (“ICR”) of “a” (Excellent) from “a-” (Excellent) of Hamilton Re, Ltd. (“Hamilton Re”) and Hamilton Insurance Designated Activity Company (“Hamilton Insurance DAC”), each a wholly owned subsidiary of the Company (collectively referred to as “Hamilton”). The outlook for these Credit Ratings has been revised to stable from positive.In its report, AM Best noted the ratings upgrade reflects, among other assessments, Hamilton’s very strong balance sheet strength, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management; the upgrade of the Long-Term ICR reflects Hamilton’s trend of increasingly favorable underwriting results. AM Best further noted Hamilton has shown improving
Show less
Read more
Impact Snapshot
Event Time:
HG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HG alerts
High impacting Hamilton Insurance Group, Ltd. news events
Weekly update
A roundup of the hottest topics
HG
News
- Hamilton Insurance Group, Ltd. (NYSE: HG) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $21.00 price target on the stock, up previously from $20.00.MarketBeat
- Hamilton Insurance Group, Ltd. (NYSE: HG) was upgraded by analysts at Keefe, Bruyette & Woods to a "moderate buy" rating.MarketBeat
- Hamilton Appoints Wilfred Chin as Group Chief ActuaryBusiness Wire
- Hamilton Insurance Group, Ltd. (NYSE: HG) had its price target raised by analysts at Wells Fargo & Company from $16.00 to $19.00. They now have an "overweight" rating on the stock.MarketBeat
- Hamilton Insurance Group, Ltd. (NYSE: HG) had its price target raised by analysts at JMP Securities from $22.00 to $23.00. They now have a "market outperform" rating on the stock.MarketBeat
HG
Earnings
- 5/8/24 - Beat