Strong Financial Performance
Hamilton Insurance Group reported $136 million of net income for the third quarter, with an annualized return on average equity of 21%. The combined ratio improved to 87.8% from 93.6% in Q3 2024.
Significant Growth in Gross Premiums Written
Gross premiums written increased by 26% in the quarter, driven by growth across all segments, with the Bermuda segment growing 40% and the International segment growing 17%.
Successful Investment Income
Investment income for the quarter was $98 million, with contributions from the Two Sigma Hamilton Fund and fixed income portfolios. The Two Sigma Hamilton Fund reported a net return of 13% for the first nine months of 2025.
Strategic Talent Acquisitions
Appointment of Mike Mulray as Chief Underwriting Officer at Hamilton Select and promotion of Susan Steinhoff to Chief Underwriting Officer of Hamilton Re, strengthening leadership.
Share Repurchase Program
Hamilton repurchased $40 million of shares during the quarter, with an additional $150 million authorized for future repurchases.