Hamilton Insurance Group, Ltd. (HG) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
WELLESLEY HOUSE NORTH, 1ST FLOOR PEMBROKE, HM08 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 3,055 | |||
| Cash and cash equivalent | 795 | |||
| Short-term investments | 2,260 | |||
| Total current assets: | 3,055 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 7 | |||
| Intangible assets, net (including goodwill) | 91 | |||
| Intangible assets, net (excluding goodwill) | 91 | |||
| Total noncurrent assets: | 98 | |||
| Other undisclosed assets | 3,519 | |||
| TOTAL ASSETS: | 6,671 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 4,623 | |||
| Total liabilities: | 4,623 | |||
| Temporary equity, including noncontrolling interest | 0 | |||
| Equity | ||||
| Equity, attributable to parent | 2,048 | |||
| Common stock | 1 | |||
| Additional paid in capital | 1,250 | |||
| Accumulated other comprehensive loss | (4) | |||
| Retained earnings | 801 | |||
| Total equity: | 2,048 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,671 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 1,571 | ||
| Premiums earned, net | 1,319 | ||
| Cost of revenue | (1,024) | ||
| Policyholder benefits and claims incurred, net | (715) | ||
| Deferred policy acquisition costs, amortization expense | (309) | ||
| Gross profit: | 547 | ||
| Operating expenses | (454) | ||
| Operating income: | 93 | ||
| Interest and debt expense | (21) | ||
| Income from continuing operations before equity method investments, income taxes: | 72 | ||
| Other undisclosed income from continuing operations before income taxes | 183 | ||
| Income from continuing operations before income taxes: | 255 | ||
| Income tax expense (benefit) | 25 | ||
| Net income: | 280 | ||
| Net loss attributable to noncontrolling interest | (22) | ||
| Net income available to common stockholders, diluted: | 259 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Net income: | 280 | ||
| Net loss attributable to redeemable noncontrolling interest | ✕ | ||
| Comprehensive income, net of tax, attributable to parent: | 280 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.