---
schema_version: "secwatch.filing_event.v1"
accession: "0001593275-26-000055"
form_type: "8-K"
ticker: "HG"
cik: "0001593275"
company_name: "Hamilton Insurance Group, Ltd."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:52:20.027016+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hamilton Q1 net income $133.5M ($1.31/sh); op income $166.7M; combined ratio 89.8%

## Summary
- Gross premiums written $940.1M, up 11.5% YoY; net premiums earned $570.5M, up 14.3%.
- Underwriting income $57.6M; no catastrophe losses vs. $150.5M in Q1 2025.
- Annualized ROE 19.3%; operating ROE 24.1%; book value per share $27.42, down 3.8% from Dec 31.
- Special dividend of $2.00/sh paid March 30; share repurchases of $19.7M in Q1 2026.
- Net unfavorable prior-year reserve development of $13.9M, primarily from Baltimore Bridge collapse.

## SEC filing metadata
- accession: 0001593275-26-000055
- form_type: 8-K
- ticker: HG
- cik: 0001593275
- company_name: Hamilton Insurance Group, Ltd.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593275/000159327526000055/0001593275-26-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593275/000159327526000055/hg-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001593275-26-000055
- JSON: https://secwatch.observer/filing/0001593275-26-000055.json
- Plain text: https://secwatch.observer/filing/0001593275-26-000055.txt

## Key facts
- Earnings Releases
  Hamilton Insurance Group, Ltd. reported the first quarter ended March 31, 2026 results: revenue $570,515, net income $133,538, EPS $1.31 per diluted share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $570,515
  - Net income: $133,538
  - EPS: $1.31 per diluted share
  - Result: reported results
  source text: amounts and percentages) March 31, 2026 March 31, 2025 Change Gross premiums written $ 940,110 $ 843,306 $ 96,804 Net premiums written 653,659 603,875 49,784 Net premiums earned 570,515 498,928 71,587 Underwriting income (loss) $ 57,581 $ (58,259) $ 115,840 Combined ratio 89.8% 111.6% (21.8 pts) Net income (loss) attributable to common shareholders $ 133,538 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593275/000159327526000055/0001593275-26-000055-index.htm

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