Mar 19, 2026 4:20 PM Eastern Daylight Time Hamilton to Report First Quarter 2026 Financial Results on April 30, 2026 Hamilton to Report First Quarter 2026 Financial Results on April 30, 2026 Share PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ("Hamilton†or the "Company†) will issue its first quarter 2026 financial results after the market closes on Thursday, April 30, 2026. Hamilton will host a conference call to discuss its financial results on Friday, May 1, 2026, at 9:00 ...

Company Performance - Hamilton Insurance closed at $29.08, reflecting a +1.61% increase from the previous day, outperforming the S&P 500 which fell by 0.61% [1] - Over the past month, shares of Hamilton Insurance have decreased by 7.71%, underperforming the Finance sector's decline of 5.63% and the S&P 500's loss of 2.25% [1] Upcoming Earnings - The company is expected to report an EPS of $1.02, representing a 117.02% increase compared to the same quarter last year [2] - Revenue is anticipated to be $678.96 million, indicating an 11.68% decrease from the same quarter of the previous year [2] Full Year Estimates - For the full year, analysts project earnings of $3.42 per share and revenue of $2.83 billion, reflecting changes of -29.34% and -2.53% respectively from last year [3] - Recent changes to analyst estimates suggest a trend of optimism regarding the company's near-term business performance [3] Analyst Ratings - The Zacks Rank system currently rates Hamilton Insurance at 4 (Sell), with a recent downward shift of 11.4% in the consensus EPS estimate over the past month [5] - The Zacks Rank has a history of outperforming, with 1 rated stocks returning an average annual gain of +25% since 1988 [5] Valuation Metrics - Hamilton Insurance is trading with a Forward P/E ratio of 8.37, which is lower than the industry's Forward P/E of 9.13, indicating a valuation discount [6] - The Insurance - Multi line industry is ranked 147 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [6]

PEMBROKE, Bermuda--(BUSINESS WIRE)-- #HGonNYSE--Hamilton Insurance Group, Ltd. (NYSE: HG) ("Hamilton†or the "Company†), today announced that Marc Roston has been appointed to its Board of Directors as a shareholder director by Magnitude Capital, LLC, replacing Hawes Bostic, effective February 20, 2026. "I am pleased to welcome Marc to the Hamilton Board,†said Hamilton Chair David A. Brown. "We are confident his experience and insights will further enhance our Board's effectiveness. "I extend my gratitude. ...

For the transition period from to Commission file number 001-41862 Hamilton Insurance Group, Ltd. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Registrant's telephone number, including area code Securities registered pursuant to Section 12( ...

Core Insights - Hamilton Insurance Group reported record net income of $577 million for 2025, achieving a 22% return on average equity, with gross premiums written increasing by 21% to $2.9 billion and a combined ratio of 92.9% for the year [2][6][3] Financial Performance - In Q4, Hamilton reported net income of $172 million, or $1.69 per diluted share, with operating income of $168 million, or $1.65 per diluted share, driven by strong underwriting income and solid investment returns [1] - The company generated $76 million of underwriting income in Q4, significantly up from $22 million in the prior-year quarter, with a combined ratio improving to 87.0% from 95.4% [7][5] - Investment income rose to $98 million in Q4 from $36 million a year earlier, with the fixed income portfolio returning 1.2% [19] Growth and Premiums - Gross premiums written increased by 23% in Q4, with a focus on business where pricing and terms were favorable [11] - The Bermuda segment saw gross premiums written grow by 27%, primarily driven by casualty reinsurance [17] Underwriting and Loss Ratios - The fourth-quarter loss ratio improved to 54.6%, down from 60.1%, attributed to lower net catastrophe losses [7] - The company plans to raise its catastrophe/headline loss reporting threshold from $5 million to $10 million starting in 2026, which is expected to shift more losses into attritional results [4][15] Capital Management - The board declared a special dividend of $2 per share, totaling approximately $206 million, and repurchased $93 million of shares in 2025 [20] - Hamilton recorded a $20.7 million Bermuda tax credit for 2025 and expects about $27 million in 2026 [18] Market Outlook - Management discussed competitive market conditions for property catastrophe pricing and emphasized a disciplined approach to underwriting amid a transitioning market [3][12] - The company anticipates more measured growth in 2026, focusing on profitability rather than chasing premium volume [14]

Shares of Hamilton Insurance Group, Ltd. ( HG ) has been an excellent performer over the past year, gaining 60%. With shares rallying 8% in late trading Thursday following another solid quarter, the good news for investors keeps coming. The company has benefited from solid underwritingOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or ...

Financial Data and Key Metrics Changes - In 2025, Hamilton delivered record net income of $577 million, a 44% increase from $400 million in 2024, with a return on average equity of 22%, up from 18% in the prior year [15][6] - The company grew tangible book value per share by 24% to a record $28.50 [15] - For Q4 2025, net income was $172 million, equal to $1.69 per diluted share, producing an annualized return on average equity of 25% [15][16] - The combined ratio for 2025 was 92.9%, with a loss ratio improvement to 54.6% in Q4, down from 60.1% in the prior period [20][21] Business Line Data and Key Metrics Changes - Gross premiums written increased 21% to a record $2.9 billion in 2025, with Q4 premiums growing 23% [6][7] - The Bermuda segment grew 27% in Q4, driven by casualty reinsurance, while the international segment grew 20% [8][9] - Hamilton Select, focused on casualty classes, grew 19% in Q4, driven by excess casualty products [10] Market Data and Key Metrics Changes - The company noted a transitioning market with ample opportunities for underwriters, despite increased competition in certain areas [7][13] - The January 1 renewal season was characterized by strong competition, particularly in property cat, but Hamilton maintained discipline in capital deployment [11][12] Company Strategy and Development Direction - Hamilton's strategy focuses on strong operational and underwriting culture, client relationships, and maintaining a robust capital position [4][5] - The company aims to continue disciplined underwriting, avoiding chasing top-line growth at the expense of profitability [14] - Hamilton is investing in technology and AI to enhance underwriting efficiency and decision-making processes [80][81] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to find attractive opportunities in a competitive market, although growth may be more measured going forward [13][14] - The company anticipates that pricing across targeted lines will remain risk adequate, despite competitive pressures [13][68] Other Important Information - Hamilton declared a special dividend of $2 per common share, totaling approximately $206 million, reflecting the company's strong capital position [32] - The Bermuda Substance-Based Tax Credit is expected to provide significant tax benefits, enhancing the company's competitive advantage [17][18] Q&A Session Summary Question: Underlying loss ratio guide for 2026 - Management indicated that the increase to 55% is primarily due to a change in the catastrophe threshold from $5 million to $10 million, with expected catastrophe losses around 6% to 7% for the year [35][36] Question: Decision to deploy a special dividend - The special dividend was seen as an effective way to return excess capital to shareholders, while still allowing for share buybacks [37][38] Question: Competition on the casualty side - Management noted robust pricing in excess casualty products, with increased competition primarily observed in professional lines [40][41] Question: Optimal premium leverage - The company has maintained a premium leverage of about 80%, with no significant changes expected despite a shift towards casualty growth [45][46] Question: Elevated large losses in both segments - The increase in large losses was attributed to more significant events, including a satellite loss, impacting both segments [72][73]

Financial Data and Key Metrics Changes - In 2025, Hamilton delivered record net income of $577 million, a 44% increase from $400 million in 2024, with a return on average equity of 22%, up from 18% in the prior year [15][16] - The company grew gross premiums written by 21% to a record $2.9 billion, compared to $2.4 billion in 2024 [19][20] - The combined ratio for 2025 was reported at 92.9%, with a tangible book value per share growth of 25% [6][20] Business Line Data and Key Metrics Changes - The Bermuda segment grew 27% in the fourth quarter, driven by casualty reinsurance, while the international segment, including Hamilton Global Specialty and Hamilton Select, saw a 20% increase in gross premiums written [8][9][24] - Hamilton Select, focused on casualty classes, grew 19% in the quarter, driven by excess casualty products and contractors [10][24] Market Data and Key Metrics Changes - The company noted a transitioning market with ample opportunities for underwriters, despite increased competition in certain areas [7][13] - The January 1 renewal season was characterized by strong competition in property catastrophe business, with pricing declining but maintaining consistent terms and conditions [11][12] Company Strategy and Development Direction - Hamilton's strategy emphasizes strong operational and underwriting culture, client relationships, and a robust capital position to support sustainable performance [4][5] - The company plans to maintain disciplined underwriting practices, focusing on profitable opportunities while avoiding chasing top-line growth at the expense of margins [14] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to find attractive opportunities in a competitive market, although growth is expected to be more measured going forward [13][14] - The company anticipates continued robust pricing in casualty lines, supported by clients retaining more of their business [68] Other Important Information - Hamilton announced a special dividend of $2 per common share, totaling approximately $206 million, reflecting the company's strong capital position and record earnings [32][33] - The Bermuda Substance-Based Tax Credit is expected to enhance competitive advantages, with a recorded credit of $20.7 million in 2025 [17][18] Q&A Session Summary Question: Underlying loss ratio guide for 2026 - Management indicated that the increase to 55% is primarily due to the change in the catastrophe threshold from $5 million to $10 million, with expected catastrophe losses around 6%-7% for the year [36][37] Question: Decision to deploy a special dividend - The special dividend was seen as an effective way to return excess capital to shareholders, while the company retains the ability to continue share buybacks [39][40] Question: Competition in the casualty side - Management noted robust pricing in areas of growth, with increased competition primarily observed in professional lines, leading to a reduction in writings in that area [41][42] Question: Optimal premium leverage - The company has maintained a premium leverage of about 80% and is cautious about increasing it blindly in a transitioning market [46][48] Question: Elevated large losses in segments - The fourth quarter saw more large losses than the previous year, with a significant satellite loss impacting both segments [72][73]

Financial Data and Key Metrics Changes - Hamilton Insurance Group reported record net income of $577 million for 2025, a 44% increase from $400 million in 2024, with a return on average equity of 22%, up from 18% in the prior year [13][5] - The company grew tangible book value per share by 25% to a record $28.50 [13] - For Q4 2025, net income was $172 million, equal to $1.69 per diluted share, with an annualized return on average equity of 25% [13][14] - The combined ratio for 2025 was reported at 92.9% [19] Business Line Data and Key Metrics Changes - Gross premiums written increased by 21% to a record $2.9 billion for 2025, with Q4 premiums growing by 23% [5][19] - The Bermuda segment grew by 27% in Q4, driven by casualty reinsurance [6] - Hamilton Global Specialty saw a 21% increase in gross premiums written, while Hamilton Select grew by 19% [7][8] Market Data and Key Metrics Changes - The company noted a transitioning market with ample opportunities for underwriters, despite increased competition in certain areas [5][11] - The renewal season for property catastrophe business was characterized by strong competition and declining pricing, while casualty reinsurance saw more measured competition [9][10] Company Strategy and Development Direction - Hamilton's strategy focuses on maintaining strong relationships with clients and brokers, leveraging a hybrid platform for reinsurance and insurance [4] - The company aims to deploy capital while protecting margins, emphasizing disciplined underwriting practices [11] - Hamilton plans to continue investing in technology and underwriting capabilities, including the use of AI to enhance efficiency [80][81] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to find attractive opportunities in a competitive market, although growth is expected to be more measured going forward [11] - The company anticipates that pricing across targeted lines of business will remain largely risk adequate [11] Other Important Information - Hamilton declared a special dividend of $2 per common share, totaling approximately $206 million, reflecting the company's strong capital position [30] - The Bermuda Substance-Based Tax Credit is expected to provide significant tax benefits, enhancing the company's competitive advantage [16][17] Q&A Session Summary Question: Underlying loss ratio guidance for 2026 - Management indicated that the increase to 55% is primarily due to the change in the catastrophe threshold from $5 million to $10 million, with catastrophe losses expected to be around 6%-7% for the year [34][35] Question: Decision to deploy a special dividend - The special dividend was seen as an effective way to return excess capital to shareholders, while the company retains the ability to continue share buybacks [36][37] Question: Competition on the casualty side - Management noted robust pricing in areas of growth, with increased competition primarily observed in professional lines [39][40] Question: Optimal premium leverage - The company has maintained a retention rate of about 80% and is cautious about increasing premium leverage in a transitioning market [44][45] Question: Elevated large losses in segments - The fourth quarter saw more large losses than the previous year, with a significant loss attributed to a satellite incident impacting both segments [70][71]

Investor Presentation Hamilton Insurance Group, Ltd. Q4 2025 Special Note Regarding Forward-Looking Statements This presentation includes "forward looking statements" pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of terms such as "believes," "expects," "may," "will," "target," "should," "could," "would," "seeks," "intends," "plans," "contemplates," "estimates," "forecasts," or "anticipates," or sim ...