Hamilton Insurance Group, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 16, 2023 at 10:54 am EDT
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Hamilton Insurance Group, Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 357.24 million compared to USD 504.8 million a year ago. Net income was USD 36.79 million compared to USD 172.57 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 1.67 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 1.66 a year ago.
For the six months, revenue was USD 679.62 million compared to USD 753.48 million a year ago. Net income was USD 88.28 million compared to USD 97.14 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 0.94 a year ago. Diluted earnings per share from continuing operations was USD 0.84 compared to USD 0.93 a year ago.
Hamilton Insurance Group, Ltd. is a Bermuda-based company, which underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its products include Hamilton Re, Hamilton Global Specialty, and Hamilton Select. Hamilton Re products include Casualty Reinsurance, Property Treaty Reinsurance, Specialty Reinsurance, Casualty Insurance, Financial Lines Insurance, General Liability Reinsurance, Multiline Casualty Reinsurance, Professional Liability Reinsurance, and Aviation Reinsurance. Hamilton Global Specialty products include Accident & Health Insurance, Cyber Insurance, Excess Energy Insurance (Americas), Environmental Insurance (Americas), Environmental Insurance, Financial Institutions Insurance, Fine Art & Specie Insurance, Kidnap & Ransom Insurance, and Kidnap & Ransom Insurance (Americas). Hamilton Select products include Allied Medical Insurance, Energy Insurance, General Casualty Insurance, and Medical Professionals Insurance.
HAMILTON INSURANCE GROUP, LTD. 
