Hamilton Insurance: Q1 Earnings Snapshot
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — Hamilton Insurance Group (HG) on Wednesday reported earnings of $80.9 million in its first quarter.
The Pembroke, Bermuda-based company said it had net income of 77 cents per share. Earnings, adjusted for non-recurring gains, came to 47 cents per share.
The provider of insurance and reinsurance services posted revenue of $768.8 million in the period.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hamilton Spectator
an hour ago
- Hamilton Spectator
Jack Ciattarelli, ex-state lawmaker backed by Trump, wins New Jersey Republican primary for governor
TRENTON, N.J. (AP) — Jack Ciattarelli, a former state lawmaker and small businessman, won the Republican primary in New Jersey's race for governor, cruising to victory with the support of President Donald Trump. Ciattarelli now heads into the general election seeking to win back the governorship after two straight Democratic victories. He's hoping to build on his 2021 performance when he came within a few percentage points of defeating Democratic Gov. Phil Murphy. New Jersey is one of two states with a governor's race this year — the other is Virginia — and could give both parties a chance to test strategies with voters ahead of next year's high-stakes midterm elections. As he turns his attention to the general election, Ciattarelli confronts a balancing act in a state that leans toward Democrats but has shown a willingness to elect Republicans as governor. On one hand, he and the president have embraced one another, and Ciattarelli remains popular with the GOP base, which has largely unified after eight years of Democratic control of state government. But to win in November, Ciattarelli will have to appeal to New Jersey's wider electorate, which has never supported Trump in his three presidential campaigns despite the president's strong ties to New Jersey, where he has owned casinos and other high-profile properties. Ciattarelli's campaign touts the president's 2024 performance in the state, where he lost by 6 percentage points compared to a 16-point defeat in 2020, as a sign that the GOP is poised for a comeback. It also notes a decline for Democrats in registration as an indicator that voters are disillusioned with the party that has long prevailed in most statewide elections, though they occasionally have tapped Republicans as governor. Ciattarelli defeated former talk radio host Bill Spadea, state Sen. Jon Bramnick, former Englewood Cliffs Mayor Mario Kranjac and contractor Justin Barbera to win the GOP primary. A state Assembly member until 2018 when he stepped down to run for governor, Ciattarelli founded medical publishing company Galen Publishing and held local and county positions in Somerset. Trump's endorsement of Ciattarelli in the final month of the primary came after the candidate got to know and understand the 'Make America Great Again' movement, the president said in a social media post. Trump's backing hinted at Ciattarelli's earlier criticism of Trump during his first run for the White House a decade ago, when he said Trump wasn't fit for the presidency. Now Ciattarelli is 'ALL IN,' Trump said. Murphy is prohibited from seeking a third consecutive term because of term limits. He didn't endorse a successor in the primary. The two open races for governor this year could offer signals about how the public is responding to Trump's agenda and whether Democrats have succeeded in their efforts to rebuild after defeat in 2024 . Both parties will look to build their general election campaigns on widespread voter frustrations. For New Jersey Democrats, that means focusing on the parts of Trump's aggressive second-term agenda that are unpopular. Republicans, meanwhile, are casting blame for economic hardships on Democrats who've run state government for the last eight years. New Jersey has been reliably Democratic in Senate and presidential contests for decades. But the odd-year races for governor have tended to swing back and forth, and each of the last three GOP governors has won a second term. Democrats have the largest share of registered voters in the state, followed closely by independent voters and then Republicans, who have roughly 800,000 fewer registrations than the Democratic Party. But the GOP has made gains in recent years, shaving the Democrats' lead of more than 1 million more registrations to the current level. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Yahoo
an hour ago
- Yahoo
Aldi Just Cut Prices on 400+ Products to Help Shoppers Save Over $100 Million This Summer
Aldi is cutting prices on over 400 items—nearly 25% of its inventory—nationwide through Labor Day to help shoppers save more than $100 million this summer. Discounts of up to 33% are being applied to popular seasonal items like fresh meat, produce, pantry staples, and snacks. The move underscores Aldi's commitment to offering everyday low prices, especially during peak grocery-spending months filled with holidays and all the recent talk about rising grocery prices, whether thanks to tariffs, supply chain issues, or other reasons, Aldi is taking steps to lessen the financial impact these price hikes are having on consumers. In fact, the Illinois-based grocer just announced that it's slashing prices on nearly 25% of its inventory ahead of the official start of summer. Per a press release from Aldi, shoppers can expect to see savings on hundreds of seasonal essentials such as fresh meat for the grill, organic produce, pantry staples, and more. The savings are slated to impact more than 400 items overall, across all of Aldi's 2,400+ stores nationwide. According to Aldi's chief commercial officer, Scott Patton, prices on the aforementioned products will be reduced by as much as 33%, and this price cut will remain in effect from now until Labor Day. 'Our customers count on Aldi for the lowest prices of any national grocer, every day, and we never take that trust for granted,' Jason Hart, Aldi CEO, said in a statement. 'While customers may see higher prices at other retailers, we're working hard to unlock even more value for our shoppers, just in time for summer's lineup of holidays and gatherings where food takes center stage. It's another way we're doubling down on our commitment to help shoppers fill their carts with great products for less.' Aldi estimates that by drastically reducing prices on hundreds of items, customers will save a whopping $100 million this summer. 'This summer, we're going further to deliver more of what sets us apart, great products at the lowest possible prices,' Patton shared in a statement. 'With price drops on the season's most-loved products in every aisle, we want to do what we can to help shoppers enjoy more of summer.'To find items on sale this summer, look for the red price drops logo while exactly what products will customers save on this summer? Here are a few items that are currently on sale: Clancy's Hot Chili Lime Flavored Potato Chips: reduced from $1.89 to $1.79 Simply Nature Organic Grass Fed 85% Lean Ground Beef: reduced from $5.99 to $4.99 Friendly Farms 2% Reduced Fat Ultra-Filtered Milk: reduced from $4.39 to $3.89 Millville Chocolate Chip Protein Pancake & Waffle Mix: reduced from $3.79 to $3.49. Mama Cozzi's Pizza Kitchen Pepperoni Pizza Bagels: reduced from $6.29 to $5.99. Summit Popz Cherry Lime Flavored Prebiotic Soda: reduced from $1.59 to $1.49. Southern Grove Dried Philippine Mango: reduced from $4.09 to $3.49 Simply Nature Sprouted 7 Grain Bread: reduced from $4.09 to $3.49 Pink Lady Apples, 3 lbs.: reduced from $3.95 to $3.49 Read the original article on Real Simple Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Ryan Lochte Could Be Forced Out Of His Florida Home Amid His Divorce From Estranged Wife
The divorce proceedings for Ryan Lochte and his estranged wife, Kayla Reid, have taken a dark turn since the initial news of their separation became public. Now, in a new filing, Reid is demanding sole use of one of their Florida homes, which the Olympic swimmer has pushed back on. In the legal documents, Reid also requested alimony, child support, and primary custody of their three children: Caiden, Liv, and Georgia. According to a report from Us Weekly, Reid, who filed for divorce from the Olympic Gold Medalist in March 2025, recently asked the court to grant her exclusive use of their home in Terrace, Florida. The report explains that Reid needs "the exclusive use of this home and the contents thereof, both now and in the future, for herself and the minor children." As of now, Lochte is reportedly residing at another home worth nearly $450,000, and has been doing so since March of this year. Reid's requests in the filing didn't stop there, though. Us Weekly also reports that the former Playboy Playmate claims Lochte took specific joint assets and income during their marriage and purchased other assets, some of which he put in his name. '[Those] assets are presently being held by [Ryan] in trust for and for all the benefit of [Kayla], and the court should award to [Kayla] her full interest in said assets,' her filing read. Additionally, Reid asked the court for a portion of the money from Lochte's businesses, including Lochte Enterprises LLC and Legendaryswimming LLC, claiming she had contributed significant time and effort to help improve these companies. '[Kayla] makes a claim for equitable distribution of the corporate defendant because she has been of great assistance of [Ryan], only in the marital business but also in terms of providing a home environment which supported [Ryan's] needs in every respect," the filing read. Per Us Weekly, Reid stated that the "marriage of the parties is irretrievably broken" in her divorce filing. The Florida-based real estate agent also stated that she was the primary caretaker of their three children before requesting the court grant her "sole parental responsibility." The 33-year-old also said that she's unable to support their children without Lochte's help and requested that the court award her child support and alimony, adding that she needs 'rehabilitative alimony to assist her financially while acquiring sufficient education, retraining, developing skill and/or improving her employment and income.' Reid's petition also requests that Lochte pay her attorney's fees. In his response, Lochte acknowledged that they own a Florida home together; however, he did not support her request to be granted exclusive use of the estate. He also denied the mother of three's claims about her participation in one of his businesses. The Olympian filed a counter-petition to Reid's divorce filing, too, stating in his documents that their official date of separation was April 2025. Lochte, 40, also requested that the court establish a parenting plan, determine child support, and divide their shared assets. According to a previous report from The Blast, Reid opened up about filing for divorce from Lochte in an Instagram post, where she described the decision to end her marriage as one of the most challenging she's ever had to make. "Earlier this year, I made the hard decision to end my marriage after deep prayer and reflection," Reid wrote online. "I hold marriage in the highest regard, so this has been one of the most painful, revealing, and challenging seasons of my life. I've been hesitant to share until I could do so from a place of healing — not from fresh, open wounds." She continued, "Sometimes we face trials we didn't choose or see coming. And in those moments, we're forced to make the hardest decisions to protect our peace, our children, and our future. I've come to the understanding that staying isn't always the most loving decision someone can make. For me, leaving was an act of love — for those around me and for myself." Lochte also addressed the news in a separate post, where he said divorcing was the "right step toward peace and well-being for us both." "I remain committed to healing, growth, and co-parenting with care and respect as we move forward separately," he finished.
