Hamilton Insurance Group, Ltd.(HG)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Hamilton Insurance Group, Ltd. (HG) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores HG at 76.9/100 on a 32-signal composite quality model, placing it at rank #78 of 2,961 stocks — the top 5% of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), Hamilton Insurance Group, Ltd. reports quarterly revenue of $839.6M, net income of $254.8M, an operating margin of 30.6%. Top institutional holders of HG by reported 13-F value include Magnitude Capital, WELLINGTON MANAGEMENT GROUP LLP, BlackRock, based on the most recent SEC filings. HG trades on the NYSE exchange and files with the SEC under CIK 1593275. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Hamilton Insurance Group, Ltd. directly from SEC EDGAR.
AI Quality Score
76.9/100
AI Rank
#78
Revenue
$839.6M
Net Income
$254.8M
Operating Margin
30.6%
HG key financials by period
Hamilton Insurance Group, Ltd. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$2.9B
—
28.4%
FY 2024
10-K
$2.3B
—
26.7%
FY 2023
10-K
$1.6B
—
16.3%
FY 2022
10-K
$1.2B
—
-2.2%
Institutions holding HG
Institutional investors reporting a position in Hamilton Insurance Group, Ltd. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-07 — Q2 2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net premiums earned grew 14.5% YoY to $1.16B; net income attributable to common shareholders rose 3.4% to $277.3M, driven by strong Two Sigma Fund returns of 9.6% despite catastrophe losses from Middle East conflict.
Biggest Revenue Drivers
Net premiums earned$1,156.5M+14.5% YoY
Growth in casualty reinsurance, specialty insurance, and U.S. excess & surplus lines, partially offset by property reinsurance rate decreases.
Net realized and unrealized gains on investments and net investment income$429.4M-13.6% YoY
TS Hamilton Fund returned 9.6% net of fees and incentive allocations; fixed income portfolio generated investment income on larger higher-yielding asset base.
Biggest Revenue Drivers
Total revenue: $1.60B+5.9% YoY
Net premiums earned$1,156.5M+14.5% YoY
Growth in casualty reinsurance, specialty insurance, and U.S. excess & surplus lines, partially offset by property reinsurance rate decreases.
Net realized and unrealized gains on investments and net investment income$429.4M-13.6% YoY
TS Hamilton Fund returned 9.6% net of fees and incentive allocations; fixed income portfolio generated investment income on larger higher-yielding asset base.
Largest Expense Items
Losses and loss adjustment expenses$686.3M+3.2% YoY
Current year attritional losses ratio 53.9% (vs 52.5% prior year) driven by business mix shift toward casualty reinsurance; Middle East conflict catastrophe losses of $45.7M; unfavorable prior year development of $17.3M including Baltimore Bridge collapse and casualty reserve reviews.
Acquisition costs$289.9M+21.0% YoY
Acquisition cost ratio increased to 25.1% from 23.7% prior year due to higher specialty insurance mix and proportional casualty reinsurance growth.
General and administrative expenses$128.4M-2.6% YoY
Other underwriting expenses $104.3M (down 1.4% YoY) benefited from Bermuda substance-based tax credits, partially offset by increased personnel costs.
Interest expense$9.5M-7.7% YoY
Decline driven by lower SOFR rates underlying floating-rate term loan; relates to $150M term loan due June 9, 2028 and letter of credit facilities.
Margins: Combined ratio improved to 92.5% from 99.1% YoY, primarily due to lower catastrophe losses (4.0% vs 16.8% on California wildfires in prior year) and reduced other underwriting expenses, partially offset by higher attritional losses and acquisition costs reflecting business mix toward casualty and specialty lines.
Watch Items from the Filing
Reinsurer concentration: top three reinsurers represent 21%, 16%, and 12% of paid losses and unpaid losses recoverable totaling $1.56B; 79.3% rated A- or better, 20.4% collateralized.
Middle East conflict reserves of $45.5M recorded at June 30, 2026 (vs $0 at Dec 31, 2025) subject to significant uncertainty; California wildfires reserves reduced from $57.5M to $45.9M.
TS Hamilton Fund non-controlling interest (incentive allocation to investment manager) grew to $73.6M at June 30, 2026 from $0.2M at Dec 31, 2025 due to fund performance; management fee of 2.5% on non-managing members' equity plus up to 30% of net profits.
Two Sigma Hamilton Fund minimum commitment of $1.8B (or 60% of net tangible assets) with quarterly withdrawal limits on excess capital (55-day notice); withdrawal payable of $67.9M indicates capital redemption in process.
Catastrophe loss ratio surged to 7.8% in Q2 2026 (from 1.9% in Q2 2025) driven entirely by Middle East conflict $45.7M loss; future reserve estimates highly uncertain.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
