Recent Updates — HG

Hamilton Insurance Group reported third-quarter 2026 results with net income attributable to common shareholders of $81.5 million, or $0.81 per diluted share, down from $136.2 million in the prior-year period. Operating income was $179.9 million, or $1.78 per diluted share, driven by a 17.3% increase in gross premiums written to $819.7 million and net premiums earned of $591.3 million. The combined ratio stood at 97.3%, while the company repurchased $3.1 million of common shares during the quarter. Hamilton Insurance Group, Ltd. is a Bermuda-headquartered specialty insurance and reinsurance company.

Hamilton Re, Ltd., as borrower, along with Hamilton Corporate Member Limited and guarantor Hamilton Insurance Group, entered into an Amendment and Restatement Agreement on October 26, 2026. The agreement modifies the existing Letter of Credit Facility Agreement dated November 7, 2019. The amended facility provides an unsecured letter of credit amounting to $330 million in favor of Lloyd’s Syndicate 4000 to support Funds at Lloyd's requirements. The facility bears a fee of 150 basis points per annum and is set to expire on December 31, 2030. Hamilton Insurance Group operates as an insurance holding company providing property and casualty reinsurance solutions.

Hamilton Insurance Group reported second quarter 2026 net income of $143.8 million, or $1.42 per diluted share, with an annualized return on average equity of 20.6%. Gross premiums written increased 16.7% to $831.0 million, while the combined ratio rose to 95.0%, driven by catastrophe losses from the Middle East conflict totaling $49.9 million. The company also announced a First Amendment to CEO Giuseppina C. Albo’s employment agreement, extending her term through December 31, 2029. Hamilton Insurance Group is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks globally.