Hamilton Insurance Group, Ltd.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

HG$38.82+3.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Financial Information of Registrant

CONDENSED FINANCIAL INFORMATION OF REGISTRANT(1)

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	December 31,
($ in thousands)	2025	2024
Assets
Cash and cash equivalents	$28,753	$13,624
Investment in subsidiaries	2,833,752	2,358,386
Intercompany loan receivable	113,423	113,423
Interest receivable on intercompany loan	5,555	5,555
Other assets	7,265	5,036
Total assets	$2,988,748	$2,496,024
Liabilities and Shareholders' Equity
Liabilities
Due to subsidiaries	$10,293	$11,785
Term loan payable	149,743	149,945
Accounts payable and accrued liabilities	6,613	5,585
Total liabilities	166,649	167,315
Shareholders' Equity
Common shares
Class A	173	178
Class B	663	643
Class C	154	194
Additional paid-in capital	1,134,985	1,163,609
Accumulated other comprehensive loss	(4,441)	(4,441)
Retained earnings	1,690,565	1,168,526
Total shareholders' equity	2,822,099	2,328,709
Total liabilities and shareholders' equity	$2,988,748	$2,496,024

CONDENSED FINANCIAL INFORMATION OF REGISTRANT – CONTINUED(1)

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	Years Ended December 31,
($ in thousands)	2025	2024	2023
Revenues
Intercompany loan interest	$7,436	$7,393	$7,296
Net foreign exchange gains (losses)	(34)	8	24
Other income (loss)	(285)	633	626
Total revenues	7,117	8,034	7,946
Expenses
General and administrative expenses	56,025	55,011	52,280
Interest expense	14,277	16,352	15,500
Total expenses	70,302	71,363	67,780
Net income (loss) before equity in earnings of subsidiaries	(63,185)	(63,329)	(59,834)
Equity in earnings of subsidiaries	419,355	266,261	274,538
Dividend income	220,500	197,497	44,023
Net income (loss) attributable to common shareholders	$576,670	$400,429	$258,727

CONDENSED FINANCIAL INFORMATION OF REGISTRANT – CONTINUED(1)

CONDENSED STATEMENTS OF CASH FLOWS

	Years Ended December 31,
($ in thousands)	2025	2024	2023
Cash flows provided by (used in) operating activities
Net income (loss) attributable to common shareholders	$576,670	$400,429	$258,727
Less: dividend income and equity in earnings of subsidiaries	(639,855)	(463,758)	(318,561)
Net income (loss) before equity in earnings of subsidiaries	(63,185)	(63,329)	(59,834)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Other operating inflows (outflows)	26,676	18,927	63,035
Net cash provided by (used) in operating activities	(36,509)	(44,402)	3,201
Cash flows provided by (used in) investing activities
Other investing inflows (outflows)	—	(216)	(146)
Dividends from subsidiaries	220,500	197,497	44,023
Capital contributions to subsidiaries	(56,011)	(14,199)	(113,350)
Net cash provided by (used in) investing activities	164,489	183,082	(69,473)
Cash flows provided by (used in) financing activities
Other financing inflows (outflows)	(311)	—	—
Repurchase of common shares	(112,539)	(150,350)	(2,435)
Issuance of common shares	(1)	396	82,997
Net cash provided by (used in) financing activities	(112,851)	(149,954)	80,562
Net increase (decrease) in cash and cash equivalents	15,129	(11,274)	14,290
Cash and cash equivalents, beginning of period	13,624	24,898	10,608
Cash and cash equivalents, end of period	$28,753	$13,624	$24,898

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.