Latest news with #HamiltonInsuranceGroup
Yahoo
6 days ago
- Business
- Yahoo
Raymond Karrenbauer Appointed Group Chief Information Officer at Hamilton
PEMBROKE, Bermuda, July 17, 2025--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ("Hamilton" or the "Company") today announced the appointment of Raymond Karrenbauer as Group Chief Information Officer, effective September 15, 2025. Karrenbauer will join the Company's Executive Management team, reporting to Craig Howie, Group Chief Financial Officer. In his new role, Karrenbauer will oversee Hamilton's information technology strategy. He succeeds Venkat Krishnamoorthy, who has been with the Company since 2019 and decided to retire on August 30, 2025. "Technology enablement is and will continue to be a core business imperative at Hamilton, so having someone with Raymond's depth and breadth of experience on our team is instrumental," Pina Albo, Group Chief Executive Officer said. "As a results-driven leader with an impressive track record of innovation and execution, as well as a deep understanding of the insurance industry, Raymond will ensure we continue to enhance our technological capabilities and deliver exceptional value to all our stakeholders. "Venkat has played a vital role in building our technology function since joining in 2019, notably in guiding the integration of our transformational acquisition of Pembroke Managing Agency in 2019 and in our successful listing on the NYSE in 2023. We are grateful to Venkat for his contributions and wish him every success on his forthcoming retirement." Karrenbauer joins Hamilton from the Cybersecurity Maturity Model Certification Accreditation Body, Inc. (The Cyber AB), which supports the U.S. Department of Defense's contractor cybersecurity compliance program. At The Cyber AB, he served as Executive Vice President and Chief Financial Officer from 2021, where he also had strategic oversight of information technology. Karrenbauer joined The Cyber AB from IFG Companies, where he was Senior Vice President and Chief Information Officer responsible for the company's digital transformation and core operations. Prior to this, he held senior executive positions at Axis Capital and ING Group. Karrenbauer is highly accomplished, having been inducted into the 'CIO' Hall of Fame in 2018, among other accolades. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. For more about our company, visit or find us on LinkedIn at Hamilton View source version on Contacts Media contact Kelly Corday Investor contacts Jon Levenson and Darian Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Hamilton Insurance Group (NYSE:HG) Q1 Earnings: Leading The Reinsurance Pack
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how reinsurance stocks fared in Q1, starting with Hamilton Insurance Group (NYSE:HG). This is a cyclical industry, and the sector benefits when there is 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. The primary headwind remains the immense and concentrated exposure to large-scale catastrophe losses, as the growing impact of climate change challenges traditional risk models and creates significant earnings volatility. Additionally, they face the risk of adverse prior-year reserve development, where claims prove more costly than anticipated, while the eventual influx of new capital from alternative sources threatens to soften the market and compress future returns. The 7 reinsurance stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 4.9%. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded in 2013 and operating through three distinct underwriting platforms across four countries, Hamilton Insurance Group (NYSE:HG) operates global specialty insurance and reinsurance platforms across Lloyd's, Ireland, Bermuda, and the United States. Hamilton Insurance Group reported revenues of $768.8 million, up 16.7% year on year. This print exceeded analysts' expectations by 28.3%. Overall, it was an exceptional quarter for the company with an impressive beat of analysts' EPS and net premiums earned estimates. Hamilton Insurance Group scored the biggest analyst estimates beat of the whole group. Unsurprisingly, the stock is up 11.7% since reporting and currently trades at $21.44. Is now the time to buy Hamilton Insurance Group? Access our full analysis of the earnings results here, it's free. With roots dating back to 1995 and now operating across insurance markets on six continents, Arch Capital Group (NASDAQ:ACGL) provides specialty insurance, reinsurance, and mortgage insurance services worldwide through its three main business segments. Arch Capital Group reported revenues of $4.67 billion, up 18.6% year on year, outperforming analysts' expectations by 1%. The business had a strong quarter with a solid beat of analysts' net premiums earned estimates and an impressive beat of analysts' EPS estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 4.7% since reporting. It currently trades at $90.32. Is now the time to buy Arch Capital Group? Access our full analysis of the earnings results here, it's free. Rebranded from Everest Re in 2023 to reflect its evolution beyond just reinsurance, Everest Group (NYSE:EG) underwrites property and casualty reinsurance and insurance worldwide, serving insurance companies, corporations, and other clients across six continents. Everest Group reported revenues of $4.26 billion, up 3.1% year on year, falling short of analysts' expectations by 4.2%. It was a disappointing quarter as it posted a significant miss of analysts' net premiums earned and EPS estimates. As expected, the stock is down 2.3% since the results and currently trades at $336.78. Read our full analysis of Everest Group's results here. Founded in Bermuda in 2014 and designed to adapt nimbly to evolving market conditions, Fidelis Insurance (NYSE:FIHL) is a global specialty insurer and reinsurer that provides customized coverage across property, specialty, and bespoke risk solutions. Fidelis Insurance reported revenues of $658.4 million, up 26.6% year on year. This print surpassed analysts' expectations by 5.5%. It was a strong quarter as it also logged a narrow beat of analysts' book value per share estimates. The stock is down 4.6% since reporting and currently trades at $16.27. Read our full, actionable report on Fidelis Insurance here, it's free. Operating behind the scenes of the insurance industry since 1973, Reinsurance Group of America (NYSE:RGA) provides life and health reinsurance services to insurance companies, helping them manage risk and meet regulatory requirements. Reinsurance Group of America reported revenues of $5.34 billion, down 17.5% year on year. This number lagged analysts' expectations by 2.9%. Taking a step back, it was a mixed quarter as it also logged an impressive beat of analysts' book value per share estimates but a significant miss of analysts' net premiums earned estimates. Reinsurance Group of America had the slowest revenue growth among its peers. The stock is down 1.1% since reporting and currently trades at $197.48. Read our full, actionable report on Reinsurance Group of America here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
25-06-2025
- Business
- Business Wire
Hamilton to Report Second Quarter 2025 Financial Results on August 6, 2025
PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ('Hamilton' or the 'Company') will issue its second quarter 2025 financial results after the market closes on Wednesday, August 6, 2025. Hamilton will host a conference call to discuss its financial results on Thursday, August 7, 2025, at 9:00 a.m. Eastern Time. The conference call dial-in can be retrieved by completing the registration form available at A live, audio webcast of the conference call can be accessed through the Investors portal of the Company's website at where a replay of the call will also be available. For access to either the conference call or webcast, please dial in/login a few minutes in advance to complete any necessary registration. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.
Yahoo
18-06-2025
- Business
- Yahoo
Hamilton Insurance Group reshuffles leadership team
Bermuda-based specialty reinsurer Hamilton Insurance Group has appointed Adrian Daws as the new CEO of Hamilton Re as part of several leadership changes. Daws will succeed Megan Graves in the new role, while Alex Baker will assume Daws' previous role as CEO of Hamilton Global Specialty. Megan Graves, who has led Hamilton Re since 2020, will retire from the company on 31 December 2025. Both appointments are pending regulatory approvals, with Daws' appointment also subject to immigration clearance. Daws, who has been with Hamilton since 2015, has more than 25 years of industry experience, having served as the CEO of Hamilton Global Specialty since 2020. Baker, appointed group chief risk officer in 2022, also brings more than 25 years of insurance sector experience to his new role. He joined Hamilton in 2016, where he previously held the roles of chief risk officer and chief actuary at Hamilton Global Specialty. In addition, Tim Duffin has been named group chief underwriting officer (CUO), a newly created position, also pending regulatory approval. He will take on the new responsibility on 1 January 2026. Duffin, who has been with Hamilton since 2012, has more than 25 years of experience in the insurance space in the Bermuda and London markets. He served as the CUO of Hamilton Re before his new appointment. Daws, Baker and Duffin will join the executive management team, reporting to group CEO Pina Albo. Hamilton Insurance Group board chair David Brown said: 'We are fortunate to have such strong and talented individuals on the Hamilton team; employees who are aligned with our strategy and values and who are able to seamlessly step into key roles and continue our forward momentum and success.' In November, Hamilton Re made headlines for expanding into credit, bond and political risk and appointing Sergio Lottimore as vice-president of the new reinsurance line. "Hamilton Insurance Group reshuffles leadership team" was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
27-05-2025
- Business
- Yahoo
Hamilton Insurance Group, Ltd.'s (NYSE:HG) institutional investors lost 3.1% last week but have benefitted from longer-term gains
Given the large stake in the stock by institutions, Hamilton Insurance Group's stock price might be vulnerable to their trading decisions The top 9 shareholders own 51% of the company Insiders have sold recently We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If you want to know who really controls Hamilton Insurance Group, Ltd. (NYSE:HG), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 40% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). No shareholder likes losing money on their investments, especially institutional investors who saw their holdings drop 3.1% in value last week. However, the 21% one-year returns may have helped alleviate their overall losses. We would assume however, that they would be on the lookout for weakness in the future. Let's delve deeper into each type of owner of Hamilton Insurance Group, beginning with the chart below. See our latest analysis for Hamilton Insurance Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Hamilton Insurance Group does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Hamilton Insurance Group's earnings history below. Of course, the future is what really matters. Our data indicates that hedge funds own 15% of Hamilton Insurance Group. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. The company's largest shareholder is Magnitude Capital, LLC, with ownership of 15%. Meanwhile, the second and third largest shareholders, hold 9.0% and 8.7%, of the shares outstanding, respectively. Additionally, the company's CEO Giuseppina Albo directly holds 0.9% of the total shares outstanding. We did some more digging and found that 9 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can report that insiders do own shares in Hamilton Insurance Group, Ltd.. This is a big company, so it is good to see this level of alignment. Insiders own US$69m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 25% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 18%, of the Hamilton Insurance Group stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Hamilton Insurance Group has 2 warning signs we think you should be aware of. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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