Hamilton Insurance Group, Ltd. (HG) Form 8-K — Aug 6, 2026
Hamilton Insurance Group reported second quarter 2026 net income of $143.8 million, or $1.42 per diluted share, with operating income of $158.2 million, or $1.56 per diluted share, and a 20.6% annualized return on average equity. Gross premiums written rose 16.7% year over year to $831.0 million, though the combined ratio deteriorated to 95.0% from 86.8%, with $49.9 million of catastrophe losses driven primarily by the Middle East conflict ($45.7 million). The Board also extended CEO Pina Albo's employment term through December 31, 2029, with automatic one-year renewals thereafter, citing confidence in her leadership and the company's long-term strategy.
Key figures
- Eps
- 1.42
- Revenue
- $839.6 million total revenues (net premiums earned $586.0 million)
- Net Income
- $143.8 million attributable to common shareholders
- Total Debt
- $149.8 million term loan, net of issuance costs
- Revenue Yoy
- +14.6% YoY (net premiums earned)
- Total Assets
- 10263899000
- Cash Position
- $717.3 million cash and cash equivalents; $6.1 billion total cash and invested assets
- Shares Outstanding
- 98614386
- Operating roe
- 22.7%
- Annualized roe
- 20.6%
- Ytd net income
- $277.3 million ($2.73 per diluted share)
- Operating eps q2
- 1.56
- Special dividend
- $2.00 per share ($205.8 million), paid March 30, 2026
- Combined ratio q2
- 95.0% vs 86.8% year-ago (+8.2 pts)
- Ceo term extension
- through December 31, 2029
- Ytd combined ratio
- 92.5%
- Operating income q2
- $158.2 million
- Book value per share
- 28.91
- Q2 share repurchases
- $22.1 million
- Ytd operating income
- $324.9 million ($3.20 per diluted share)
- Catastrophe losses q2
- $49.9 million, primarily Middle East conflict ($45.7 million)
- Ytd share repurchases
- $41.8 million
- Underwriting income q2
- $29.1 million vs $67.5 million year-ago
- Net investment income q2
- $141.3 million (Two Sigma Hamilton Fund $115.5 million; fixed income/short-term/cash $25.8 million)
- Gross premiums written q2
- $831.0 million (+16.7% YoY)
- Ytd gross premiums written
- $1.8 billion (+13.9% YoY)
Price after filing
Close on the filing date to close N calendar days later (from $35.31). Historical, not a forecast.
AI analysis
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