Hamilton Insurance Group reported strong investment returns and premium growth, supported by a recent A.M. Best rating upgrade. However, the company faced significant catastrophe losses from the California wildfires, which impacted their combined ratio and resulted in an underwriting loss.
Company Guidance
During the Hamilton Insurance Group earnings call for the first quarter of 2025, the company reported a profitable quarter despite global insured catastrophe losses exceeding $55 billion, largely due to the California wildfires. Hamilton's catastrophe loss ratio was 30.2%, with a net loss estimate of $143 million from the wildfires, which fell within the previously announced range of $120 million to $150 million. The attritional loss ratio was stable at 51.9%, and gross premiums written increased by 17%. Investment returns were significant at $167 million, offsetting catastrophe losses, and the net income of $81 million represented a 13.7% annualized return on average equity. Both Bermuda and International segments experienced double-digit growth, with notable increases in casualty and property classes. The company maintained a strong balance sheet with total assets of $8.3 billion and shareholders' equity of $2.4 billion. Hamilton also completed a $10 million share repurchase during the quarter, with $112 million remaining under its authorization.
Strong Investment Performance
Hamilton achieved a total investment return of $167 million, offsetting catastrophe losses, with a 5.5% gain from the Two Sigma Hamilton Fund for Q1 2025.
Robust Premium Growth
Gross premiums written increased by 17% year-over-year to $843 million, driven by 18% growth in Bermuda and 15% growth in International segments.
Positive Net Income and Strong Return on Equity
Hamilton reported a net income of $81 million, with a 13.7% annualized return on average equity in Q1 2025.
A.M. Best Rating Upgrade Impact
The A.M. Best rating upgrade to A facilitated $40 million in new business and increased opportunities in the casualty segment.
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Hamilton Insurance Group, Ltd. Class B (HG) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HG Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
$19.21
$20.28
+5.57%
Feb 26, 2025
$18.41
$19.36
+5.16%
Nov 06, 2024
$18.57
$18.13
-2.37%
Aug 07, 2024
$15.47
$16.66
+7.69%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hamilton Insurance Group, Ltd. Class B (HG) report earnings?
Hamilton Insurance Group, Ltd. Class B (HG) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Hamilton Insurance Group, Ltd. Class B (HG) earnings time?
Hamilton Insurance Group, Ltd. Class B (HG) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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