Hamilton Insurance Group, Ltd.Hamilton Insurance Group outperformed with revenues of $758.9 million, beating estimates by 14.1%.
The six reinsurance stocks tracked by StockStory reported a strong first quarter, though as a group revenues missed analysts' consensus estimates by 1.4%. Everest Group posted revenues of $4.07 billion, down 4.6% year on year and 5.5% below expectations, while Hamilton Insurance Group outperformed with revenues of $758.9 million, beating estimates by 14.1%. AXIS Capital reported $1.67 billion in revenues, up 7.7% but 3.1% short of estimates, and Reinsurance Group of America delivered $6.64 billion, up 24.3% and 3.1% above expectations. Pelagos Insurance recorded $610.6 million in revenues, down 7.3% but 4.7% ahead of estimates. On average, share prices of the companies have held relatively steady since the latest earnings results.
Hamilton Insurance Group, Ltd.Hamilton Insurance Group outperformed with revenues of $758.9 million, beating estimates by 14.1%.
AXIS Capital Holdings LtdAXIS Capital reported revenues of $1.67 billion, up 7.7% but 3.1% short of estimates.
PLGOPelagos Insurance recorded $610.6 million in revenues, down 7.3% but 4.7% ahead of estimates.
Reinsurance Group of AmericaReinsurance Group of America delivered $6.64 billion, up 24.3% and 3.1% above expectations.
Everest Group LtdEverest Group posted revenues of $4.07 billion, down 4.6% year on year and 5.5% below expectations.