earnings
confidence high
sentiment neutral
materiality 0.65
Hamilton Q1 net income $80.9M ($0.77/sh), annualized ROAE 13.7%, $142.8M CA wildfire losses
Hamilton Insurance Group, Ltd.
2025-Q1 EPS reported
$0.77
revenue$768,781,000
- Net income $80.9M ($0.77 diluted EPS); operating income $49.4M ($0.47).
- Gross premiums written $843.3M (+16.8% YoY); net premiums earned $498.9M (+29.5% YoY).
- Combined ratio 111.6% (vs 91.5% Q1 2024); underwriting loss $58.3M from $150.5M catastrophe losses including California wildfires.
- Book value per share $23.59 (+2.8% from Dec 2024); total shareholders' equity $2.4B.
- Share repurchases $10.3M in Q1; investment income $167.3M (Two Sigma Hamilton Fund $103.6M).