earnings
confidence high
sentiment positive
materiality 0.80
Hamilton Insurance Q4 net income $126.9M, ROE 26.4%; full year swings to profit of $258.7M
Hamilton Insurance Group, Ltd.
- Q4 net income $126.9M vs loss of $59.0M in Q4 2022; annualized ROE 26.4%.
- Full year net income $258.7M vs loss of $98.0M; combined ratio improved to 90.1% from 102.8%.
- Gross premiums written grew 27% in Q4 to $433.8M; full year $1.95B, up 18.5%.
- Bermuda segment combined ratio 79.6% in Q4; International 99.1%.
- Book value per share $18.58, up 15.1% YoY; $35.1M tax benefit from Bermuda corporate income tax enactment.