HG
Financial ServicesHamilton Insurance Group, Ltd. · Insurance - Reinsurance · $3B
What is Hamilton Insurance Group, Ltd.?
Hamilton Insurance Group is a Bermuda-based specialty insurer and reinsurer operating across global markets. The company focuses on complex, hard-to-place risks that require deep underwriting expertise and a diversified product shelf.
Hamilton generates revenue by underwriting specialty insurance and reinsurance risks for clients worldwide. On the reinsurance side, it covers casualty lines, property treaties, and specialty categories such as aviation, marine, and satellite. Its direct insurance arm writes cyber, political risk, fine art, kidnap and ransom, environmental, and professional liability policies, among others. This dual-platform structure lets Hamilton participate in both primary insurance markets and the global reinsurance market.
Hamilton Insurance Group was incorporated in 2013 and is headquartered in Pembroke, Bermuda, with offices spanning London, Dublin, Miami, New York, and Glen Allen, Virginia.
- Casualty and property reinsurance treaties
- Specialty reinsurance including aviation, marine, and satellite
- Cyber, political risk, and financial lines insurance
- Professional and management liability policies
- Accident and health, war, and terrorism coverage
Is HG a Good Stock to Buy?
UQS Score rates HG as Good overall, reflecting a balanced but nuanced profile across the five scoring pillars.
Hamilton's strongest signals come from its Quality and Risk pillars, suggesting the business generates returns in a disciplined way and carries a manageable risk profile relative to sector peers. The Valuation pillar also registers as Attractive, meaning the market may not yet be fully pricing in the company's fundamentals.
The Moat pillar registers as Weak, which points to limited durable competitive advantages — a common challenge in specialty insurance where pricing cycles and capital mobility can erode edges quickly.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does HG pay dividends?
Yes — Hamilton Insurance Group, Ltd. pays a dividend.
Hamilton Insurance Group pays a regular dividend, which is relatively uncommon among mid-cap specialty insurers still expanding their underwriting footprint. The dividend signals management's confidence in cash generation. Income-oriented investors should verify the current yield and payout cadence directly on Hamilton's investor relations page, as amounts can change with business conditions.
When does HG report earnings?
Hamilton Insurance Group reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Specialty insurers like Hamilton tend to see results influenced by catastrophe activity, reserve development, and underwriting cycle conditions. Quality and Risk pillar strength suggests the company has managed these variables with relative discipline, though Growth remains Neutral, indicating steady rather than accelerating top-line momentum.
For the most recent quarter's results and guidance, visit Hamilton Insurance Group's investor relations page directly.
HG Price History
+126.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Hamilton Insurance Group, Ltd.?
Based on Hamilton Insurance Group, Ltd.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
HG Long-term Outlook
Hamilton's Neutral Growth pillar suggests the company is expanding at a measured pace rather than posting outsized revenue acceleration. The Attractive Valuation pillar indicates the current price may offer a reasonable entry point relative to fundamentals. The Good Risk pillar provides some confidence that the underwriting book is not taking on excessive exposure, though the Weak Moat pillar is a reminder that competitive pressures in specialty insurance can compress returns over time.
Growth drivers
- Expansion of specialty and hard-to-place insurance lines globally
- Diversified reinsurance platform capturing pricing cycle opportunities
- Geographic reach across Bermuda, Europe, and North America
Key risks
- Weak moat leaves pricing power vulnerable to competitive capital inflows
- Catastrophe and large-loss events can pressure underwriting results
- Valuation re-rating risk if growth momentum does not improve
HG vs Peers
Hamilton operates in a competitive specialty insurance and reinsurance landscape alongside several well-capitalized peers.
SiriusPoint is a fellow Bermuda-based reinsurer that has undergone significant strategic restructuring, making its business mix and risk appetite notably different from Hamilton's more focused specialty approach.
RGA concentrates heavily on life and health reinsurance, giving it a fundamentally different underwriting profile compared to Hamilton's property, casualty, and specialty lines focus.
RenaissanceRe is a larger, more established catastrophe-focused reinsurer with a strong quantitative modeling reputation, competing with Hamilton primarily in property treaty reinsurance.
Frequently Asked Questions
What does Hamilton Insurance Group do?
Hamilton Insurance Group underwrites specialty insurance and reinsurance risks across global markets. Its product range spans casualty, property, aviation, marine, cyber, political risk, and professional liability lines. The company operates through both a reinsurance platform and a direct insurance arm, serving clients from offices in Bermuda, London, Dublin, and the United States.
Does HG pay dividends?
Yes, Hamilton Insurance Group pays a regular dividend. This is relatively uncommon for a mid-cap specialty insurer still building out its platform. Investors seeking current yield details and payment schedules should check the company's investor relations page, as dividend amounts can be adjusted based on earnings and capital needs.
When does HG report earnings?
Hamilton Insurance Group reports on a quarterly cadence, in line with standard practice for US-listed companies. The company does not pre-announce specific earnings dates far in advance. For the most up-to-date schedule, visit Hamilton's investor relations page or check major financial data providers.
Is HG a good stock to buy?
UQS Score rates HG as Good overall. The Quality and Risk pillars are among the stronger signals, and the Valuation pillar registers as Attractive. The Moat pillar is Weak, which is worth monitoring. Whether HG fits your portfolio depends on your risk tolerance and investment goals — the full pillar breakdown is available to UQS Pro members.
Is HG overvalued?
The UQS Valuation pillar for HG is rated Attractive, suggesting the stock may be reasonably priced relative to its fundamentals when compared within the specialty insurance sector. Valuation assessments can shift with earnings results and market conditions, so reviewing the complete metrics on UQS Pro is recommended before drawing conclusions.
How does HG compare to its competitors?
Hamilton competes with peers like SiriusPoint, RenaissanceRe, and Reinsurance Group of America. Each has a distinct underwriting focus — RGA leans toward life reinsurance, RNR toward catastrophe property, and SPNT is restructuring its mix. Hamilton differentiates through a broad specialty platform spanning both insurance and reinsurance lines across multiple geographies.
What is HG's market cap bracket?
Hamilton Insurance Group is classified as a mid-cap company. This places it in a tier where the business has meaningful scale and market presence but may still offer growth potential that larger, mega-cap insurers have already priced in. Mid-cap specialty insurers can carry both opportunity and volatility relative to large-cap peers.
Who founded Hamilton Insurance Group?
Hamilton Insurance Group was incorporated in 2013 and is based in Pembroke, Bermuda. Founding and leadership history is publicly available through the company's official disclosures and investor relations materials, which provide the most accurate and current information on the company's origins and governance.
Is HG a long-term quality investment?
As a long-term quality indicator, HG's Good UQS Score — supported by Strong Quality and Good Risk pillar ratings — suggests the business has meaningful operational discipline. The Weak Moat pillar is a longer-term consideration, as durable competitive advantages tend to matter more over extended holding periods. Pro members can access the full pillar detail to assess fit.
What is the main competitive advantage of Hamilton Insurance Group?
Hamilton's primary edge lies in its diversified specialty underwriting platform, which spans both insurance and reinsurance across a wide range of complex risk categories. Its multi-office global footprint and focus on hard-to-place risks allow it to access markets where generalist insurers are less active. However, the UQS Moat pillar rates this advantage as Weak relative to sector peers.
What sector does HG belong to?
Hamilton Insurance Group belongs to the Financial Services sector, specifically within the specialty insurance and reinsurance industry. Investors interested in other quality-rated companies in this sector can explore the [Financial Services sector page](/sector/financial-services) on UQS Score for a broader comparison.
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Pro Analysis
HG — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 13, 2026 | 65.3 | 90.2 | 28.0 | 56.1 | 63.6 | 100.0 | -1.5 |
| May 11, 2026 | 66.8 | 90.2 | 28.0 | 63.3 | 63.6 | 100.0 | +2.1 |
| Apr 23, 2026 | 64.7 | 87.3 | 28.0 | 56.8 | 63.6 | 100.0 | 0.0 |
| Apr 9, 2026 | 64.7 | 87.3 | 28.0 | 56.5 | 63.6 | 100.0 | -0.1 |
| Apr 2, 2026 | 64.8 | 87.3 | 28.0 | 57.0 | 63.6 | 100.0 | — |
HG — Pillar Breakdown
Quality
— 90.2/100 (25%)Hamilton Insurance Group, Ltd. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 56.1/100 (20%)Hamilton Insurance Group, Ltd. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 63.6/100 (15%)Hamilton Insurance Group, Ltd. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 100.0/100 (15%)Hamilton Insurance Group, Ltd. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 28/100 (25%)Hamilton Insurance Group, Ltd. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HG.
Score Composition
Financial Data
More Stock Analysis
How is the HG UQS Score Calculated?
The UQS (Unified Quality Score) for Hamilton Insurance Group, Ltd. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Hamilton Insurance Group, Ltd.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Hamilton Insurance Group, Ltd. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.