Hamilton Insurance Group Ltd reported net income of $144 million, or $1.42 per diluted share, for the second quarter of 2026, with an annualized return on average equity of 21%. Operating income was $158 million, or $1.56 per diluted share, and the annualized operating return on average equity reached 23%. Gross premiums written grew 17%, driven by casualty and specialty classes, while the combined ratio rose to 95.0% from 86.8% a year earlier, reflecting $50 million in catastrophe losses primarily from the Middle East conflict. The company also recorded a $16 million reserve charge on certain casualty lines in its Bermuda segment. Book value per share, adjusted for accumulated dividends, stood at $30.91 as of June 30, 2026, up 8.5% from year-end 2025.
Hamilton Insurance Group, Ltd.Strong earnings with net income of $144M and 21% ROE, though combined ratio rose due to catastrophe losses and reserve charge.
