AM Best upgrades Hamilton subsidiaries to 'A' (Excellent) from 'A-'

Hamilton Insurance Group, Ltd.

Financial Strength Rating upgraded to 'A' (Excellent) from 'A-' for Hamilton Re, Ltd. and Hamilton Insurance DAC.
Long-Term Issuer Credit Ratings raised to 'a' (Excellent) from 'a-' with outlook revised to stable from positive.
CEO Pina Albo says upgrade reflects five-year underwriting improvement and supports strategy for global specialty insurer.
AM Best cited very strong balance sheet, adequate operating performance, and favorable reserve development over five years.

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