PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct 28, 2025--
Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or the “Company”) announced today two Board of Director Chair appointments within its Hamilton Global Specialty underwriting platform: Dymphna (Dee) Lehane has been appointed as Chair of Hamilton Managing Agency Limited (“HMA”) in the United Kingdom and Independent Non-Executive Director of Hamilton Insurance Designated Activity Company (“HIDAC”) in Ireland; Karen Forte has been appointed as Chair of HIDAC and maintains her role as Chair of the Audit Committee at HMA. Lehane’s appointment is effective November 1, 2025, and Forte’s appointment is effective January 1, 2026, subject to regulatory approval.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251028689179/en/
The Company also announced the retirement of long-standing Chair of HMA and HIDAC, Peter Haynes, effective December 31, 2025. Haynes has served as Chair of HMA since 2015 and HIDAC since 2020.
Alex Baker, Chief Executive Officer, Hamilton Global Specialty said, “Welcoming Dee and Karen to their new roles marks an important step in Hamilton’s journey. Their expertise and leadership will be invaluable as we continue to achieve our strategic goals, operate to the highest standard of governance and maintain our excellent culture within our insurance companies.
“I would also like to extend my deepest gratitude to Peter for his decade of service and significant contributions to our success. He has been an integral part of Hamilton Global Specialty’s transformation throughout his tenure, and it’s been a privilege to work alongside him on that journey.”
Lehane joins Hamilton with 35 years of digital strategy and governance experience in the global insurance industry. She is the former Global Managing Partner for Insurance at Accenture, where she led strategic initiatives and technology-driven transformations for major insurance organizations worldwide. She has extensive board governance experience having previously served as a board member at Aviva, Argo International, Westfield Specialty and the Cabinet Office of the United Kingdom Government.
Forte currently serves as an Independent Non-Executive Director on the Boards of HMA and HIDAC. She has extensive board-level experience and a strong commitment to transparency and governance. She is the former Chief Information Officer and Transformation Lead at Allianz Ireland.
About Hamilton Insurance Group, Ltd.
Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.
For more about our company, visit www.hamiltongroup.com or find us on LinkedIn at Hamilton.
Karen Forte
Dee Lehane
In the past week, many Americans remained focused on the economy, inflation and how those forces could impact their lives. Trips to the grocery store or gas station are more painful than they were last year, and that is impacting the decisions of both households and businesses.
Here’s a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Hiring was better than the 65,000 forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%, the Labor Department reported Friday.
Healthcare added 37,000 jobs last month and retailers 22,000. However, manufacturers cut 2,000 jobs in April and have shed 66,000 jobs over the past year despite President Donald Trump’s protectionist policies aimed at creating factory jobs.
The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries.
The benchmark 30-year fixed rate mortgage rate rose to 6.37% from 6.3% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from one year ago, when the rate averaged 6.76%.
This is the second straight weekly increase, bringing the average rate back to where it was four weeks ago.
Weekly U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds.
The number of Americans filing for unemployment benefits in the week ending May 2 rose by 10,000 to 200,000, the Labor Department reported Thursday. That’s fewer than the 205,000 new applications analysts surveyed by the data firm FactSet were expecting.
The previous week’s new claims figure, which was the fewest since 1969, was revised up by 1,000 to 190,000.
Weekly filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.
U.S. job openings were essentially unchanged in March but hiring improved before the full impact of the Iran war hit the economy.
Employers posted 6.87 million jobs in March, compared to 6.92 million in February, the Labor Department reported Tuesday.
The job market has been up and down so far this year after a dismal 2025. And the Iran war, which began Feb. 28, has clouded the outlook for the economy and hiring.
The Job Openings and Labor Turnover Survey showed that layoffs rose in March. But hiring improved: Employers added 5.55 million gross jobs, the most since February 2024. More Americans also quit their jobs — a sign of confidence in their prospects.
U.S. stocks rose toward new highs to end the week on promising news in the labor market and also more strong earnings for major U.S. corporations.
The S&P 500 climbed 0.5% toward an all-time high after a report said U.S. employers added 115,000 more jobs than they cut last month, even though the war with Iran is raising fuel costs and uncertainty for everyone.
While hiring slowed from March’s level, it was nevertheless nearly double what economists expected. And it kept the S&P 500 on track for a sixth straight winning week, which would be its longest such streak since 2024. The U.S. stock market has blasted higher since late March, in part on hopes that the war will not mean a worst-case scenario for the global economy and that the Strait of Hormuz will reopen to allow oil tankers to deliver crude from the Persian Gulf again.
Trader Edward McCarthy, left, and Michael Milano work on the floor of the New York Stock Exchange, Thursday, May 7, 2026. (AP Photo/Richard Drew)
FILE - The per-gallon price is displayed elecronically over the grades of gasoline available at a Buc-ee's convenience stop Thursday, May 7, 2026, in Johnstown, Colo. (AP Photo/David Zalubowski, file)
FILE - Hiring sign for sales professionals is displayed at a store, in Vernon Hills, Ill., Wednesday, April 15, 2026. (AP Photo/Nam Y. Huh, file)
