Latest news with #HamiltonInsuranceGroup
Yahoo
4 days ago
- Business
- Yahoo
Why Hamilton Insurance Group (HG) Is Up 9.5% After Strong Q2 Results and New Risk Leadership
Hamilton Insurance Group reported strong second quarter results, with revenue rising to US$740.77 million and net income reaching US$187.42 million, while also completing a share buyback of over 4.33 million shares; the company additionally announced Russ Buckley as the incoming Group Chief Risk Officer following Alex Baker's transition to CEO of Hamilton Global Specialty. These developments signal strengthened executive leadership and continued capital management discipline, which together could influence both operational performance and investor sentiment. Next, we'll examine how the robust earnings and new risk leadership may impact Hamilton Insurance Group's long-term investment narrative. We've found 19 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Hamilton Insurance Group Investment Narrative Recap To be a shareholder in Hamilton Insurance Group, you need to believe in the firm's ability to manage risk and seize growth in specialty and reinsurance markets, despite inherent volatility. The strong Q2 results and executive appointments reinforce confidence in the company's operational momentum, but these developments do not substantially reduce the biggest ongoing risk: the unpredictability of large catastrophic losses that could impact earnings and capital strength in the near term. Among the recent news, the appointment of Russ Buckley as Group Chief Risk Officer is particularly relevant, given his experience managing actuarial and risk functions at major global insurers. With Buckley set to oversee Hamilton's risk controls, investors can watch for enhancements in underwriting accuracy and loss management that may help support performance despite market volatility and intense competition in specialty lines. In contrast, investors should not overlook how even with improved earnings and leadership, exposure to unexpected catastrophic events remains a risk that... Read the full narrative on Hamilton Insurance Group (it's free!) Hamilton Insurance Group is projected to reach $3.0 billion in revenue and $536.4 million in earnings by 2028. This outlook relies on an annual revenue growth rate of 5.4% and an earnings increase of $155.9 million from current earnings of $380.5 million. Uncover how Hamilton Insurance Group's forecasts yield a $25.14 fair value, a 3% upside to its current price. Exploring Other Perspectives Four viewpoints from the Simply Wall St Community put Hamilton Insurance Group's fair value between US$11.44 and US$125.75 per share. While many see robust earnings and operational discipline as positives, your own outlook may shift when considering how concentrated exposure to complex, high-severity risks still shapes future results, see how other investors assess these trade-offs. Explore 4 other fair value estimates on Hamilton Insurance Group - why the stock might be worth over 5x more than the current price! Build Your Own Hamilton Insurance Group Narrative Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd. A great starting point for your Hamilton Insurance Group research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision. Our free Hamilton Insurance Group research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Hamilton Insurance Group's overall financial health at a glance. No Opportunity In Hamilton Insurance Group? Opportunities like this don't last. These are today's most promising picks. Check them out now: Find companies with promising cash flow potential yet trading below their fair value. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 18 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. Uncover the next big thing with financially sound penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Globe and Mail
07-08-2025
- Business
- Globe and Mail
Hamilton (HG) Q2 EPS Jumps 46%
Key Points EPS (non-GAAP) of $1.55 far exceeded analyst estimates of $1.06, representing a 46.2% non-GAAP beat. The company's combined ratio increased to 86.8%, reflecting a slight uptick in loss and acquisition costs as Hamilton further leans into casualty and reinsurance lines. These 10 stocks could mint the next wave of millionaires › Hamilton Insurance Group (NYSE:HG), a specialty insurer and reinsurer with a focus on data-driven underwriting and diversified investments, delivered its second quarter 2025 results on August 6, 2025. The most important news was a significant earnings beat, with Non-GAAP earnings per share (EPS) coming in at $1.55, far above the $1.06 analyst consensus (non-GAAP), exceeding the $709.25 million GAAP revenue estimate and marking strong growth from the $603.3 million in gross premiums written posted in Q2 2024. Although underwriting income and growth momentum were robust, the company's combined ratio increased to 86.8% compared to 84.4% in Q2 2024, signaling a shift in the business mix and an uptick in certain expense ratios. Overall, Hamilton posted strong top- and bottom-line growth, with EPS and book value advancing on the back of both core insurance and investment results. Metric Q2 2025 Q2 2025 Estimate Q2 2024 Y/Y Change EPS (Non-GAAP) $1.55 $1.06 $1.24 25.0% EPS (GAAP) $1.79 N/A N/A Revenue (GAAP) $740.8 million N/A $587.9 million 26.0% Operating Return on Average Equity (Non-GAAP) 26.1% 24.4% 1.7 pp Combined Ratio (GAAP) 86.8% 84.4% 2.4 pp Source: Analyst estimates for the quarter provided by FactSet. Company Overview and Key Success Factors Hamilton Insurance Group is recognized for its global specialty insurance and reinsurance operations. Its business spans two primary platforms: International and Bermuda, offering products such as property, casualty, and specialty insurance, as well as reinsurance solutions in core global markets. The company leverages proprietary technology like the Hamilton Analytics and Risk Platform (HARP) for improved risk modeling and decision making. This enables precise pricing, strong risk selection, and efficiency, all of which drive profitability. Recent focus areas for Hamilton include enhancing its competitive edge in underwriting through disciplined risk selection, deepening technology integration, and maintaining a diversified investment strategy anchored by its partnership with the Two Sigma Hamilton Fund. The company's success hinges on its ability to balance rapid premium growth with prudent risk control, using technology and data analytics to adapt its business mix in the face of evolving market trends, regulatory environments, and emerging industry risks. Quarterly Highlights and Segment Performance For the quarter, Hamilton reported operating EPS of $1.55, which was 46.2% ahead of analyst expectations for non-GAAP EPS with top-line gains seen across both the International and Bermuda segments. The company's annualized return on average equity reached 30.2%, an improvement of 6.6 percentage points from the prior year period, reflecting strong profitability and capital management. Gross premiums written (GAAP) increased to $712.0 million, up 18% from the related period last year. The International Segment contributed $344.8 million in gross premiums written, a 10.6% increase while the Bermuda Segment grew faster, adding $367.2 million in gross premiums written, up 25.9%. Net premiums earned (GAAP) rose 22.1% overall, supported by new casualty and specialty reinsurance business, especially in Bermuda. The International Segment posted net premiums earned of $253.2 million and delivered an underwriting income of $27.1 million. The combined ratio—a key insurance industry measure that compares claims and expenses to premiums, with numbers below 100% typically indicating underwriting profitability—improved to 89.3% from 91.0% in Q2 2024. Conversely, Bermuda's underwriting income was $40.3 million, with its combined ratio increasing to 84.3%. The Bermuda result reflected more exposure to casualty reinsurance, which drove an increase in both loss and acquisition expense ratios. Across the company, the consolidated combined ratio edged up to 86.8%, compared to 84.4% in Q2 2024, pointing to the impact of business mix changes and a modest rise in underlying costs. Investment income continued to play a crucial role in boosting bottom-line results. Net investment income came in at $148.7 million, with the Two Sigma Hamilton Fund delivering $87.1 million and traditional fixed income, short-term, and cash investments adding $61.6 million. This performance reflects effective diversification and continued momentum in both managed and market-based investment assets. Share buybacks also featured, with $35.0 million of shares repurchased. Look Ahead and Management Guidance Hamilton management did not provide updated or explicit quantitative financial guidance for the next quarter or for the remaining fiscal year. The leadership affirmed a focus on maintaining double-digit top-line growth and continuing share repurchases if capital conditions permit, but did not release clear targets for EPS or revenue. Recent trends suggest that investors should monitor shifts in Hamilton's loss and acquisition cost ratios, especially as business grows in higher-risk areas such as casualty and specialty reinsurance. Increased catastrophe losses in Q1 2025 and changes in business mix create potential for volatility in future quarters. HG does not currently pay a dividend. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,026%* — a market-crushing outperformance compared to 180% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. *Stock Advisor returns as of August 4, 2025
Yahoo
07-08-2025
- Business
- Yahoo
Hamilton Insurance Group (NYSE:HG) Reports Strong Q2
Specialty insurance company Hamilton Insurance Group (NYSE:HG) reported Q2 CY2025 results exceeding the market's revenue expectations , with sales up 26% year on year to $740.8 million. Its GAAP profit of $1.79 per share was significantly above analysts' consensus estimates. Is now the time to buy Hamilton Insurance Group? Find out in our full research report. Hamilton Insurance Group (HG) Q2 CY2025 Highlights: Net Premiums Earned: $511.2 million vs analyst estimates of $514.5 million (22.1% year-on-year growth, 0.6% miss) Revenue: $740.8 million vs analyst estimates of $606.7 million (26% year-on-year growth, 22.1% beat) Combined Ratio: 86.8% vs analyst estimates of 89.6% (2.8 percentage point beat) EPS (GAAP): $1.79 vs analyst estimates of $0.83 (significant beat) Market Capitalization: $2.19 billion PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG; 'Hamilton' or the 'Company') today announced financial results for the second quarter ended June 30, 2025. Company Overview Founded in 2013 and operating through three distinct underwriting platforms across four countries, Hamilton Insurance Group (NYSE:HG) operates global specialty insurance and reinsurance platforms across Lloyd's, Ireland, Bermuda, and the United States. Revenue Growth Insurance companies earn revenue from three primary sources: The core insurance business itself, often called underwriting and represented in the income statement as premiums Income from investing the 'float' (premiums collected upfront not yet paid out as claims) in assets such as fixed-income assets and equities Fees from various sources such as policy administration, annuities, or other value-added services Hamilton Insurance Group's annualized revenue growth rate of 49.7% over the last two years was incredible for an insurance business. This quarter, Hamilton Insurance Group reported robust year-on-year revenue growth of 26%, and its $740.8 million of revenue topped Wall Street estimates by 22.1%. Net premiums earned made up 78.4% of the company's total revenue during the last four years, meaning insurance operations are Hamilton Insurance Group's largest source of revenue. While insurers generate revenue from multiple sources, investors view net premiums earned as the cornerstone - its direct link to core operations stands in sharp contrast to the unpredictability of investment returns and fees. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Book Value Per Share (BVPS) Insurers are balance sheet businesses, collecting premiums upfront and paying out claims over time. Premiums collected but not yet paid out, often referred to as the float, are invested and create an asset base supported by a liability structure. Book value per share (BVPS) captures this dynamic by measuring these assets (investment portfolio, cash, reinsurance recoverables) less liabilities (claim reserves, debt, future policy benefits). BVPS is essentially the residual value for shareholders. We therefore consider BVPS very important to track for insurers and a metric that sheds light on business quality. While other (and more commonly known) per-share metrics like EPS can sometimes be lumpy due to reserve releases or one-time items and can be managed or skewed while still following accounting rules, BVPS reflects long-term capital growth and is harder to manipulate. To investors' benefit, Hamilton Insurance Group's BVPS grew at an exceptional 22.8% annual clip over the last two years. Key Takeaways from Hamilton Insurance Group's Q2 Results We were impressed by how significantly Hamilton Insurance Group blew past analysts' EPS expectations this quarter. We were also excited its revenue outperformed Wall Street's estimates by a wide margin. On the other hand, its net premiums earned slightly missed. Zooming out, we think this quarter featured some important positives. The stock traded up 3.3% to $22.25 immediately after reporting. Hamilton Insurance Group had an encouraging quarter, but one earnings result doesn't necessarily make the stock a buy. Let's see if this is a good investment. We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Sign in to access your portfolio
San Francisco Chronicle
06-08-2025
- Business
- San Francisco Chronicle
Hamilton Insurance: Q2 Earnings Snapshot
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — Hamilton Insurance Group (HG) on Wednesday reported earnings of $187.4 million in its second quarter. The Pembroke, Bermuda-based company said it had net income of $1.79 per share. Earnings, adjusted for non-recurring gains, were $1.55 per share. The provider of insurance and reinsurance services posted revenue of $740.8 million in the period. _____
Business Wire
06-08-2025
- Business
- Business Wire
Russ Buckley Appointed Group Chief Risk Officer at Hamilton
PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ('Hamilton' or the 'Company') today announced the appointment of Russ Buckley as Group Chief Risk Officer. Buckley will join the Company's Executive Management team, reporting to Pina Albo, Chief Executive Officer, with the official start date in the coming weeks to be confirmed. In his new role, Buckley will oversee Hamilton's risk and actuarial function. He will succeed current Group Chief Risk Officer Alex Baker who, as the Company recently announced, has been appointed Chief Executive Officer, Hamilton Global Specialty, effective September 1, 2025, subject to regulatory approval. 'Russ is an experienced insurance leader with strong business acumen, drive and a track record of success,' said Albo. 'Having worked directly with Russ in the past, I look forward to again enjoying his results-driven mindset, commitment to excellence and collaborative approach — qualities that align well with Hamilton's culture. Together with our exceptional risk and actuarial team, Russ will be able to hit the ground running.' Buckley has over 30 years of insurance industry experience across global public (re)insurance companies. He joins Hamilton from Old Republic Specialty Insurance Underwriters, Inc. where he served as Senior Vice President and Chief Actuarial Officer since 2020. Prior to that, Buckley was Chief Actuary in the Global Specialty division at The Hartford. Additionally, Buckley has held leadership positions with AIG, XL, and Munich Reinsurance Group. He is a Fellow of the Casualty Actuarial Society. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. For more about our company, visit or find us on LinkedIn at Hamilton.
