NYSE$HG

Hamilton Insurance Group Ltd · Q2 2025 earnings

Q2 2025 earnings · · After market close

Briefing

Hamilton Insurance Group Ltd reported net income attributable to common shareholders of $187.4 million for Q2 2025.

The company achieved net premiums earned of $511.2 million in the quarter, with a combined ratio of 86.8%. Underwriting income reached $67.5 million, supported by growth in gross premiums written to $712.0 million across international and Bermuda segments.

  • Gross premiums written grew 18% year-over-year to $712.0 million, driven by increases in both new and existing business.
  • Combined ratio improved to 86.8%, reflecting favorable prior year development and controlled expenses.
  • Net income attributable to common shareholders was $187.4 million, with diluted EPS of $1.79.
  • Book value per common share increased to $25.55 at quarter end, up 11.3% from year-end 2024.

Headline financials

Total Revenue

$741M

Previous: $588M+26.0%
EPS (adj)

$1.85

Previous: $1.20+54.2%
Gross Premiums Written

$712M

No prior period
Net Premiums Earned

$511M

No prior period
Combined Ratio

86.8%

No prior period
Underwriting Income

$67.5M

No prior period
Book Value per Share

$25.55

No prior period
Net Income

$268M

Previous: $200M+33.6%
Operating Income

$475M

Previous: $362M+31.2%

Revenue & EPS history

Hamilton Insurance Group Ltd · Revenue · Quarterly

$741M

Q2 2025+26%vs Q2 2024
Beat estimate in 3 of 3 quarters(100%)
ActualEstimate

Revenue by segment

Hamilton Insurance Group Ltd · $511M total across 2 segments · Q2 2025

  • Bermuda
    $258M
  • International
    $253M

Forward guidance

The company continues to focus on sustainable underwriting profitability and disciplined growth amid evolving market conditions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

+0.2%

Avg return

Earnings day

-2.8%

Avg return

5 days after

-4.0%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+3.8%

Q4 2025

Best reaction

-2.9%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+1.7%+1.5%+1.0%
Q4 2025+3.8%+6.6%-2.6%
Q3 2025+0.8%-0.1%-3.5%
Q1 2025-2.9%-9.8%-13.3%
Q3 2024-2.3%-5.3%-10.9%
Q2 2024+0.0%-7.0%+3.5%
Q1 2024+0.0%-5.5%-2.5%
Q3 2023

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