earnings
confidence high
sentiment positive
materiality 0.75
Hamilton Insurance Q3 net income $78.3M; YTD ROE 22.4%; combined ratio 93.6%
Hamilton Insurance Group, Ltd.
2024-Q3 EPS reported
$3.33
revenue$1,759,431,000
- Net income $78.3M ($0.74 diluted EPS); YTD net income $366.5M ($3.33 diluted EPS).
- Gross premiums written $553.4M (+16.7% YoY); net premiums earned $448.8M (+33.2% YoY).
- Combined ratio 93.6% (Q3); 89.9% YTD; underwriting income $29.1M (Q3), $126.9M YTD.
- Book value per share $22.82, up 22.8% from Dec 2023; total shareholders' equity $2.3B.
- Estimates Hurricane Milton losses $30M-$70M net; Q3 cat losses $38.3M from Helene, Calgary, Debby.