Hamilton Insurance Declares $2.00 Special Dividend After Record 2025 Results
Hamilton Insurance Group, Ltd. (NYSE: HG), a Bermuda-based property and casualty reinsurer, declared a $2.00 per share special dividend totaling approximately $206.0 million. The Board approved the payout on February 18, 2026.
Hamilton Insurance Group, Ltd. (NYSE: HG), a Bermuda-based property and casualty reinsurer, declared a $2.00 per share special dividend totaling approximately $206.0 million. The Board of Directors approved the payout on February 18, 2026. Read more dividend announcements.
The dividend is payable on March 30, 2026, to common shareholders of record as of March 6, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $2.00 per share |
| Type | Special dividend |
| Record Date | March 6, 2026 |
| Payment Date | March 30, 2026 |
| Total Payout | Approximately $206.0 million |
2025 Financial Performance
The dividend follows what CEO Pina Albo called "another record result" for 2025. Hamilton reported net income of $577 million for the full year, a 44% increase over 2024, with a 22% return on average equity.
Gross premiums written rose 21% to $2.9 billion. The company's combined ratio stood at 92.9%, generating underwriting income of $148.8 million.
Book value per share reached $28.50 at year-end, up 24% from December 31, 2024. Since listing on the New York Stock Exchange in 2023, book value per share has climbed 64%.
Net investment income totaled $511.8 million, split between $300.9 million from the Two Sigma Hamilton Fund and $210.9 million from fixed income, short-term investments, and cash equivalents.
The company recorded $142.8 million in losses from California wildfires, net of reinsurance, plus $16.9 million in reinstatement premiums. Hamilton repurchased $93.4 million of common shares during 2025.
Fourth quarter net income came in at $172.2 million, or $1.69 per diluted share, with an annualized return on average equity of 25.1%.