Zacks Investment Research·Jun 25, 2026
Why Hamilton Insurance (HG) Dipped More Than Broader Market TodayIn the latest trading session, Hamilton Insurance (HG) closed at $32.22, marking a -1.2% move from the previous day.
Hamilton Insurance Group, Ltd.(HG)Earnings, Financials & Key Ratios
HG•NYSE•Insurance & Managed Care
$34.47
6.1× P/E·Price updated Jul 6, 2026
AboutHamilton Insurance Group, Ltd., through its subsidiaries, engages in underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property treaty reinsurance; and specialty reinsurance solutions, including accident and health, aviation, crisis management, financial lines, marine and energy, multiline specialty, and satellite reinsurance. It also provides accident and health, cyber, excess energy, environmental, financial lines, fine art and specie, kidnap and ransom, M&A, marine and energy liability, political risk, professional liability, property binders, property D&F, space, upstream energy, general and excess casualty, war and terrorism, allied medical, management liability, medical professionals, products liability and contractors, and small business casualty insurance plans. The company was incorporated in 2013 and is based in Pembroke, Bermuda with additional locations in Dublin, Ireland; London, United Kingdom; Miami, Florida; New York, New York; and Glen Allen, Virginia.Show more
- Revenue$2.74B+15.3%
- Combined Ratio69.92%-5.3%
- Net Income$577M+44.0%
- Return on Equity22.39%+22.4%
- Medical Cost Ratio45.89%-24.6%
- Operating Margin30.08%+15.1%
- Net Margin21.03%+24.9%
- ROA6.64%+20.0%
- Equity / Assets29.49%-1.3%
HG Price & Volume
Hamilton Insurance Group, Ltd. (HG) stock price & volume — 10-year historical chart
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Specialty Underwriting Growth Faces Casualty Reserve Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Casualty reserve development volatility
Key Thesis Takeaways
- Hamilton Insurance Group has successfully scaled its asset base from $6.7 billion in 2023Q4 to $9.9 billion in 2026Q1, demonstrating a strong ability to capture market share during the current hard pricing cycle.
- However, the firm's reliance on specialty lines introduces significant earnings volatility, as evidenced by loss ratios that peaked at 70.0% in 2024Q4.
- Investors should monitor the sustainability of underwriting margins, which remain resilient with a 70.9% combined ratio in 2026Q1, against the backdrop of potential social inflation risks in US casualty markets.
Verdict Logic
while the company maintains a disciplined underwriting profile with a 70.9% combined ratio, the current 5.91 P/E TTM valuation may be tempered by the inherent volatility in quarterly loss ratios that reached 70.0% in 2024Q4.
HG Growth Metrics
Hamilton Insurance Group, Ltd. (HG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years28.67%
TTM42.73%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM94.16%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM98.38%
Return on Capital
10 Years10.49%
5 Years10.49%
3 Years11.9%
Last Year15.98%
HG Recent Earnings
Hamilton Insurance Group, Ltd. (HG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (82%)●Beat Revenue 10/12 qtrs (91%)
Q2 2026Latest
Apr 30, 2026Metric
Actual
Est
EPS
$1.64+60.8%
$1.02
Rev
$940M+0.7%
$934M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$1.65+139.1%
$0.69
Rev
$669M+7.7%
$621M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$1.32+85.9%
$0.71
Rev
$682M+5.8%
$644M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$1.55+53.5%
$1.01
Rev
$741M+42.6%
$520M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $1.64vs $1.02+60.8% | $940Mvs $934M+0.7% |
| Q1 2026 | Feb 19, 2026 | $1.65vs $0.69+139.1% | $669Mvs $621M+7.7% |
| Q4 2025 | Nov 4, 2025 | $1.32vs $0.71+85.9% | $682Mvs $644M+5.8% |
| Q3 2025 | Aug 6, 2025 | $1.55vs $1.01+53.5% | $741Mvs $520M+42.6% |
Based on last 12 quarters of dataView full earnings history →
Latest HG News
Recent stock market news and headlines for Hamilton Insurance Group, Ltd. (HG)
GlobeNewsWire·Jun 16, 2026
HydroGraph Certifies Modern Dispersions as Compounding Partner for Scale Graphene Masterbatch Production in North AmericaLEOMINSTER, Mass., June 16, 2026 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (“HydroGraph” or the “Company”) today announced that Modern Dispersions, Inc. (MDI) has earned certification as a qualified HydroGraph Compounding Partner following completion of HydroGraph's rigorous technical and commercial qualification process.
Zacks Investment Research·Jun 15, 2026
Hamilton Insurance (HG) Stock Slides as Market Rises: Facts to Know Before You TradeIn the closing of the recent trading day, Hamilton Insurance (HG) stood at $31.53, denoting a -1.16% move from the preceding trading day.
Peers Comparison
Key metrics vs top competitors for Hamilton Insurance Group, Ltd. (HG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $34.47 | $3.44B | 6.07 | 15.29% | 21.03% | 22.39% | — | |
| $323.11 | $13.94B | 5.71 | 9.45% | 26.93% | 16.59% | — | |
| $101.81 | $35.57B | 8.76 | 14.27% | 24.73% | 20.48% | — | |
| $1978.05 | $24.75B | 11.69 | -0.96% | 10.7% | 9.56% | — | |
| $16.32 | $541.28M | 7.52 | 7.47% | 11.46% | 11.68% | — | |
| $142.13 | $3.77B | 19.82 | 58.16% | 20.15% | 21.74% | — |
Compare HG vs Peers
Hamilton Insurance Group, Ltd. (HG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
HG SEC Filings & Documents
Hamilton Insurance Group, Ltd. (HG) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Apr 30, 2026·SEC
Material company update
Apr 2, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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HG Frequently Asked Questions
Hamilton Insurance Group, Ltd. (HG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Hamilton Insurance Group, Ltd. growing?
Hamilton Insurance Group, Ltd. (HG) grew revenue by 15.3% over the past year. This is strong growth.
Is HG profitable?
Yes, Hamilton Insurance Group, Ltd. (HG) is profitable, generating $629.3M in net income for fiscal year 2025 (21.0% net margin).
Dividend & Returns
What is HG's return on equity?
Hamilton Insurance Group, Ltd. (HG) has a return on equity (ROE) of 22.4%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
What is Hamilton Insurance Group, Ltd.'s combined ratio?
Hamilton Insurance Group, Ltd. (HG) has a combined ratio of 69.9%. A ratio below 100% indicates underwriting profitability.