Hamilton Insurance Group, Ltd.

Hamilton Insurance Group, Ltd. (HG) priced its initial public offering on Nov 13, 2023 at $15.00 per share, raising $225M, and listed on NYSE. At the IPO price its market capitalization was about $1.65B. Barclays was lead-left underwriter, joined by Morgan Stanley, Citigroup and Wells Fargo and others. Carey Olsen and Willkie Farr & Gallagher advised the company and Davis Polk advised the underwriters.

Hamilton Insurance Group, Ltd. is a global specialty insurance and reinsurance company founded in Bermuda in 2013. It has underwriting operations in Lloyd's of London, Ireland, Bermuda and the United States, and an investment management relationship with Two Sigma.

Status

IPO

Ticker

HG

Exchange

NYSE

Priced

Nov 13, 2023

IPO price

$15.00

Raised

$225M

Market cap at IPO price

$1.65B

First filed

Oct 16, 2023

Underwriters

Barclays, Morgan Stanley, Citigroup, Wells Fargo, BMO Capital Markets, Citizens JMP and Stifel

Company counsel

Carey Olsen and Willkie Farr & Gallagher

Underwriters' counsel

Davis Polk

Sector

Financials

Country / state

Bermuda

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.