{"id":3617,"date":"2025-11-05T11:30:23","date_gmt":"2025-11-05T12:30:23","guid":{"rendered":"https:\/\/beijingcareer.com\/?p=3617"},"modified":"2025-11-05T18:26:40","modified_gmt":"2025-11-05T18:26:40","slug":"hamiltons-underwriting-income-rises-120-with-87-8-cor-in-q325","status":"publish","type":"post","link":"https:\/\/beijingcareer.com\/index.php\/2025\/11\/05\/hamiltons-underwriting-income-rises-120-with-87-8-cor-in-q325\/","title":{"rendered":"Hamilton\u2019s underwriting income rises 120% with 87.8% CoR in Q3\u201925"},"content":{"rendered":"

Bermuda-domiciled insurer and reinsurer Hamilton Insurance Group, Ltd. reported an improved combined ratio of 87.8% in the third quarter of 2025, compared to 93.6% in the same period a year earlier, with a significant 120.3% increase in underwriting income to $64.1 million from $29.1 million.<\/p>\n

\"HamiltonFor the quarter, catastrophe losses (current and prior year), net of reinsurance, were nil.<\/p>\n

Hamilton\u2019s gross premiums written amounted to $698.8 million in Q3\u201925, up 26.3% from $553.4 million in Q3\u201924, with an increase of $91 million, or 39.9%, in the Bermuda Segment, and $54.4 million, or 16.7%, in the International Segment.<\/p>\n

Net premiums written rose 21.2% to $579 million from $477.9 million, with an increase of $64.8 million, or 30.9%, in the Bermuda Segment, and $36.3 million, or 13.5%, in the International Segment.<\/p>\n

Net premiums earned increased 16.5% to $523 million from $448.8 million, with an increase of $47.1 million, or 21.1%, in the Bermuda Segment, and $27.1 million, or 12.0%, in the International Segment.<\/p>\n

\n
\"Brit<\/a><\/div>\n<\/div>\n

The company posted net income of $136.2 million for the quarter, an increase of 74.1% compared to $78.3 million a year earlier.<\/p>\n

Net investment income totalled $97.6 million, comprising Two Sigma Hamilton Fund returns of $54.2 million and fixed income, short-term, and cash and cash equivalents returns of $43.4 million.<\/p>\n

Pina Albo, CEO of Hamilton, said, \u201cHamilton\u2019s strong quarterly performance, highlighted by net income of $136 million and an annualised return on average equity of 21%, resulted in 6% growth in book value per share for the quarter and 18% for the year to date.<\/p>\n

\u201cOur combined ratio of 87.8%, which resulted in $64 million of underwriting income, is a testament to our talented global team: a group of professionals who know how to navigate a market requiring both discipline and expertise. Our investment results were also impressive, with both our traditional fixed income portfolio and the Two Sigma Hamilton Fund posting solid returns.<\/p>\n

\u201cI am very pleased with Hamilton\u2019s financial results for the third quarter of 2025, as they demonstrate a strong synergy between underwriting and investment performance.\u201d<\/p>\n

The post Hamilton\u2019s underwriting income rises 120% with 87.8% CoR in Q3\u201925<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bermuda-domiciled insurer and reinsurer Hamilton Insurance Group, Ltd. reported an improved combined ratio of 87.8% in the third quarter of 2025, compared to 93.6% in the same period a year earlier, with a significant 120.3% increase in underwriting income to $64.1 million from $29.1 million. For the quarter, catastrophe losses (current and prior year), net […]<\/p>\n","protected":false},"author":1,"featured_media":3619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/3617"}],"collection":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/comments?post=3617"}],"version-history":[{"count":3,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/3617\/revisions"}],"predecessor-version":[{"id":3621,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/posts\/3617\/revisions\/3621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media\/3619"}],"wp:attachment":[{"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/media?parent=3617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/categories?post=3617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beijingcareer.com\/index.php\/wp-json\/wp\/v2\/tags?post=3617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}