Hamilton Q3 net income falls to $81.5 million as premiums rise 17%
Hamilton Insurance Group reported third quarter 2026 net income of $81.5 million, or $0.81 per diluted share, down from $136.2 million, or $1.32 per diluted share, a year earlier. Gross premiums written rose 17.3% to $819.7 million, but underwriting income fell to $15.5 million from $64.1 million, and the combined ratio rose to 97.3% from 87.8%. Operating income, a non-GAAP measure, rose to $179.9 million, or $1.78 per diluted share, from $123.1 million, or $1.20 per diluted share, a year earlier.
Key points
- Net income of $81.5 million, or $0.81 per diluted share, versus $136.2 million, or $1.32, in Q3 2025
- Operating income of $179.9 million, or $1.78 per diluted share, versus $1.20 in Q3 2025
- Gross premiums written up 17.3% to $819.7 million; combined ratio 97.3% versus 87.8%
- Nine-month net income of $358.8 million, or $3.54 per diluted share, versus $404.5 million, or $3.88, in 2025
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.