Hamilton Insurance Group (HG)
Underwrites global specialty insurance and reinsurance across Bermuda, Lloyd’s and US surplus-lines markets.
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Underwrites specialty property, casualty and related reinsurance through London, Dublin, Bermuda and US platforms, earning premiums and investment income. International insurance and Bermuda reinsurance contribute roughly even business volumes, while a material Two Sigma-managed fund allocation links earnings to both underwriting and investment performance.
Underwrites specialty insurance and reinsurance through three platforms spanning Bermuda, London, Dublin and the United States. Hamilton Global Specialty writes commercial specialty and casualty insurance plus specialty reinsurance through Lloyd’s Syndicate 4000 and an Irish carrier; Hamilton Select serves small and midsize US businesses with hard-to-place excess and surplus lines; Hamilton Re writes global property, casualty and specialty reinsurance alongside high-excess specialty insurance.
Uses proprietary underwriting and catastrophe tools to price risks and manage accumulations, while brokers supply access to commercial clients and cedants. The International segment contains Global Specialty and Select; the Bermuda segment is Hamilton Re, leaving premiums split roughly evenly between the two. Earnings and holding-company cash depend on claim severity and reserve estimates, catastrophe exposure, broker access, regulated subsidiary dividends, and returns from a material allocation to the Two Sigma-managed investment fund.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 19, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $34 | Target: $37 |
| Jul 7, 2026 | Barclays | Reiterate | Rating: —Target: $35 | Target: $39 |
| Jul 6, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $28 | Target: $34 |
| May 21, 2026 | UBS | Target | Target: — | Target: $33 |
| Feb 20, 2026 | Barclays | Target | Target: $32 | Target: $35 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $4.19B · Total debt $149.8M · Total assets $10.26B · Shareholders' equity $2.85B
- Revenue
- $846.9M
- Operating income
- $257.3M
- Net income
- $143.8M
| Institutions | ≈ 81.52% | 54.24M shares | |
|---|---|---|---|
| 250 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 3.61% | 2.40M shares | |
| 27 holders · as of Sep 14, 2026 | |||
| Strategic holders | 21.05% | 14.00M shares | |
| 1 holder · as of Feb 14, 2024 | |||
| Adds to | 106.18% | ||
66.53M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (66.53M in the company's Sep 22, 2026 report, 99.77M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 106.18%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Magnitude Capital, LLCInstitution | 22.69% | 15.10M | as of Jun 30, 2026 |
Hamilton Investments, LPStrategic10 percent owner | 21.05% | 4.14M · 9.86M | filed Feb 14, 2024 |
Wellington Management Group LLPInstitution | 8.68% | 5.78M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.69% | 3.12M | as of Jun 30, 2026 |
Nuveen, LLCInstitution | 3.56% | 2.37M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 11, 2026 | Timothy James Duffin | officer: Chief Underwriting Officer | −28,500 | $34.69 |
| Sep 10, 2026 | Timothy James Duffin | officer: Chief Underwriting Officer | −28,500 | $34.53 |
| Sep 3, 2026 | David A. Brown | director | −50,000 | $36.12 |
| May 18, 2026 | David A. Brown | director | −37,300 | $32.16 |
| May 15, 2026 | David A. Brown | director | −12,700 | $31.82 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hamilton Insurance Group | $33.80 | +0.24% | $3.38B | 5.9 | 7.7 | 1.1 | +16.7% |
| Arch Capital Group | $95.02 | +0.11% | $33.46B | 7.5 | 10.0 | 1.7 | −22.3% |
| RenaissanceRe | $325.90 | +0.04% | $13.56B | 5.6 | 8.1 | 1.3 | −28.5% |
| AXIS Capital | $96.28 | −0.01% | $7.15B | 6.2 | 7.4 | 1.0 | +7.4% |
| Everest Group | $370.96 | +0.01% | $14.62B | 7.9 | 6.8 | 0.9 | −10.1% |
| Markel Group | $1,763.36 | +0.06% | $21.99B | 9.8 | 15.3 | 1.3 | +17.6% |
| W. R. Berkley | $68.17 | −0.06% | $25.61B | 14.1 | 14.4 | 1.4 | +1.2% |
| Kinsale Capital Group | $351.83 | +0.01% | $8.16B | 14.5 | 16.8 | 4.1 | −3.7% |
| Skyward Specialty | $55.91 | −0.07% | $2.28B | 13.1 | 10.8 | 1.4 | +130.9% |
| Median | 8.8 | 10.4 | 1.3 | −1.2% |