Hamilton Insurance Reports Q2 2026 Results
Hamilton Insurance Group, Ltd. today announced financial results for the second quarter ended June 30, 2026.
Commenting on the results, Pina Albo, CEO of Hamilton, said: “Hamilton delivered another quarter of strong results, with net income of $144 million, a 21% annualized return on average equity, a 95% combined ratio, and strong investment income. Gross premiums written increased 17%, reflecting our continued focus on margin quality, thoughtful risk selection, and long-term value creation.
“I am proud of our team’s continued execution as we navigate a market that requires and rewards strong broker and client relationships and disciplined underwriting.”
Leadership Update
The company said, “The Board of Directors of Hamilton are delighted to announce an amendment to the employment agreement of its Chief Executive Officer, Pina Albo, extending her employment term through December 31, 2029, after which her employment term will continue to renew automatically for successive one-year periods.”
David A. Brown, Chairman of Hamilton’s Board of Directors, said: “Under Pina’s leadership, Hamilton has built a differentiated platform and delivered strong performance. Extending her employment term reflects the Board’s confidence in her exceptional leadership and our commitment to executing the Company’s long-term strategy for the benefit of our shareholders.”
Consolidated Highlights – Second Quarter
- Net income of $143.8 million, or $1.42 per diluted share and operating income of $158.2 million, or $1.56 per diluted share;
- Annualized return on average equity of 20.6% and annualized operating return on average equity of 22.7%;
- Gross premiums written of $831.0 million, an increase of 16.7% compared to the second quarter of 2025;
- Net premiums earned of $586.0 million, an increase of 14.6% compared to the second quarter of 2025;
- Combined ratio of 95.0%;
- Underwriting income of $29.1 million;
- Net investment income of $141.3 million, comprised of Two Sigma Hamilton Fund returns of $115.5 million, and fixed income, short term and cash and cash equivalents returns of $25.8 million; and
- Repurchased common shares of $22.1 million in the second quarter of 2026.
