Financing ·
Hamilton Insurance Group amends and restates letter of credit facility to $330M
HGHamilton Insurance Group, Ltd.
Hamilton Re, Ltd., as borrower, along with Hamilton Corporate Member Limited and guarantor Hamilton Insurance Group, entered into an Amendment and Restatement Agreement on October 26, 2026. The agreement modifies the existing Letter of Credit Facility Agreement dated November 7, 2019. The amended facility provides an unsecured letter of credit amounting to $330 million in favor of Lloyd’s Syndicate 4000 to support Funds at Lloyd's requirements. The facility bears a fee of 150 basis points per annum and is set to expire on December 31, 2030. Hamilton Insurance Group operates as an insurance holding company providing property and casualty reinsurance solutions.