---
schema_version: "secwatch.filing_event.v1"
accession: "0001593275-25-000267"
form_type: "8-K"
ticker: "HG"
cik: "0001593275"
company_name: "Hamilton Insurance Group, Ltd."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:37:52.847802+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hamilton Q3 net income $136M ($1.32/diluted), combined ratio 87.8%, GPW +26% YoY

## Summary
- Net income of $136.2M, diluted EPS $1.32, operating income $123.1M, operating diluted EPS $1.20.
- Combined ratio improved to 87.8% from 93.6%; underwriting income $64.1M vs. $29.1M.
- Gross premiums written $698.8M (+26.3% YoY); net premiums earned $523.0M (+16.5%).
- Net investment income $97.6M: Two Sigma Hamilton Fund $54.2M, fixed income $43.4M.
- Book value per share $27.06 (+17.9% YTD); share repurchases of $40.5M in Q3.

## SEC filing metadata
- accession: 0001593275-25-000267
- form_type: 8-K
- ticker: HG
- cik: 0001593275
- company_name: Hamilton Insurance Group, Ltd.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000267/0001593275-25-000267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593275/000159327525000267/hg-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001593275-25-000267
- JSON: https://secwatch.observer/filing/0001593275-25-000267.json
- Plain text: https://secwatch.observer/filing/0001593275-25-000267.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.