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(Bloomberg) – Hamilton Insurance Group Ltd., the Bermuda insurer that’s backed by principals of hedge fund firm Two Sigma Investments, hired former American International Group Inc. executive Seraina Maag to run its operation in the U.S.

Maag reports to Hamilton Chief Executive Officer Brian Duperreault, the Bermuda-based company said Monday in a statement. She succeeds Bob Deutsch, the chief strategy officer who took the additional role of acting U.S. CEO when Conan Ward left the insurer last year.

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