Hamilton Insurance Group Ltd
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
HG$37.36+1.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| ($ in thousands, except share information) | 2024 | 2023 |
| Assets | ||
| Fixed maturity investments, at fair value (amortized cost 2024: $2,422,917; 2023: $1,867,499) | $2,377,862 | $1,831,268 |
| Short-term investments, at fair value (amortized cost 2024: $495,630; 2023: $427,437) | 497,110 | 428,878 |
| Investments in Two Sigma Funds, at fair value (cost 2024: $805,623; 2023: $770,191) | 939,381 | 851,470 |
| Total investments | 3,814,353 | 3,111,616 |
| Cash and cash equivalents | 996,493 | 794,509 |
| Restricted cash and cash equivalents | 104,359 | 106,351 |
| Premiums receivable | 771,707 | 658,363 |
| Paid losses recoverable | 134,406 | 145,202 |
| Deferred acquisition costs | 208,985 | 156,895 |
| Unpaid losses and loss adjustment expenses recoverable | 1,171,040 | 1,161,077 |
| Receivables for investments sold | 74,006 | 42,419 |
| Prepaid reinsurance | 218,921 | 194,306 |
| Intangible assets | 93,121 | 90,996 |
| Other assets | 208,642 | 209,621 |
| Total assets | $7,796,033 | $6,671,355 |
| Liabilities, non-controlling interest, and shareholders’ equity | ||
| Liabilities | ||
| Reserve for losses and loss adjustment expenses | $3,532,491 | $3,030,037 |
| Unearned premiums | 1,122,277 | 911,222 |
| Reinsurance balances payable | 261,275 | 272,310 |
| Payables for investments purchased | 115,427 | 66,606 |
| Term loan, net of issuance costs | 149,945 | 149,830 |
| Accounts payable and accrued expenses | 185,361 | 186,887 |
| Payables to related parties | 100,420 | 6,480 |
| Total liabilities | 5,467,196 | 4,623,372 |
| Non-controlling interest – TS Hamilton Fund | 128 | 133 |
| Shareholders’ equity | ||
| Common shares: | ||
| Class A, authorized (2024: 26,944,807 and 2023: 28,644,807), par value $0.01; issued and outstanding (2024: 17,820,078 and 2023: 28,644,807) | 178 | 286 |
| Class B, authorized (2024: 80,205,911 and 2023: 72,337,352), par value $0.01; issued and outstanding (2024: 64,271,249 and 2023: 56,036,067) | 643 | 560 |
| Class C, authorized (2024: 19,375,670 and 2023: 25,544,229), par value $0.01; issued and outstanding (2024: 19,375,670 and 2023: 25,544,229) | 194 | 255 |
| Additional paid-in capital | 1,163,609 | 1,249,817 |
| Accumulated other comprehensive loss | (4,441) | (4,441) |
| Retained earnings | 1,168,526 | 801,373 |
| Total shareholders’ equity | 2,328,709 | 2,047,850 |
| Total liabilities, non-controlling interest, and shareholders’ equity | $7,796,033 | $6,671,355 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.