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Hamilton Insurance Group (Hamilton Insurance Group) Combined Ratio % : 91.50% (As of Mar. 2024)


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What is Hamilton Insurance Group Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Hamilton Insurance Group's Combined Ratio % for the quarter that ended in Mar. 2024 was 91.50% , which is higher than 90.20% for the pervious quarter ended in Dec. 2023.

Hamilton Insurance Group's Combined Ratio % for the annual that ended in Dec. 2023 was 90.10% , which is lower than 102.80% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Hamilton Insurance Group's Combined Ratio % or its related term are showing as below:

HG's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Hamilton Insurance Group Combined Ratio % Historical Data

The historical data trend for Hamilton Insurance Group's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hamilton Insurance Group Combined Ratio % Chart

Hamilton Insurance Group Annual Data
Trend Dec22 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Hamilton Insurance GroupQuarterly Data
Trend Jun23 Sep23 Dec23 Mar24
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Competitive Comparison of Hamilton Insurance Group's Combined Ratio %

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hamilton Insurance Group  (NYSE:HG) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hamilton Insurance Group  (NYSE:HG) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

Hamilton Insurance Group Combined Ratio % Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Combined Ratio %
Comparable Companies
Traded in Other Exchanges
QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).