Hamilton Insurance Group, Ltd.

NYSE:HG Stock Report

Market Cap: US$3.1b

Hamilton Insurance Group Management

Management criteria checks 3/4

Hamilton Insurance Group's CEO is Pina Albo, appointed in Jan 2018, has a tenure of 8.42 years. total yearly compensation is $8.98M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth $36.41M. The average tenure of the management team and the board of directors is 5.1 years and 2.7 years respectively.

Key information

Pina Albo

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage14.48%
CEO tenure8.4yrs
CEO ownership1.2%
Management average tenure5.1yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Narrative Update Jun 10

HG: Specialty Expansion And Capital Returns Will Shape Future Shareholder Outcomes

Analysts kept their price target for Hamilton Insurance Group steady at $34.14, citing unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for maintaining their view. What's in the News Q1 results for Hamilton Insurance Group, reported in late May 2026, exceeded analysts' earnings per share and revenue estimates, even though revenue was slightly lower year on year, according to recent coverage.
Narrative Update May 26

HG: Capital Returns And Casualty Sidecar Capacity Will Guide Future Shareholder Outcomes

Analysts have adjusted their view on Hamilton Insurance Group, lifting the price target slightly to reflect updated fair value estimates of about $34.14 per share, along with revised assumptions for revenue growth, profit margins, and future price-to-earnings (P/E) expectations. What's in the News From January 1, 2026 to March 31, 2026, Hamilton Insurance Group repurchased 685,734 shares for US$19.7 million, representing 0.69% of its shares.
Narrative Update May 06

HG: Sidecar Capacity And Capital Returns Will Shape Future Shareholder Outcomes

Analysts have nudged their price target on Hamilton Insurance Group slightly higher to about $33.29, reflecting updated assumptions around revenue, profit margins and future P/E multiples in their valuation work. What's in the News Hamilton Insurance Group established a casualty reinsurance sidecar to provide dedicated underwriting capacity for its casualty reinsurance portfolio, with projected ceded premium of about $300 million over the life of the structure.
Seeking Alpha May 03

Hamilton Insurance: Rally Has Largely Closed The Valuation Gap (Rating Downgrade)

Summary Hamilton Insurance Group (HG) delivered strong Q1 results, with EPS of $1.64, driven by improved underwriting and a favorable catastrophe environment. HG's differentiated, barbelled investment portfolio—combining low-risk fixed income and liquid absolute return strategies—has insulated it from sector-wide private credit concerns. Management is prioritizing margins over growth, ceding more premiums to reinsurers and returning capital via special dividends and buybacks. I maintain a 'hold' rating on HG, with shares near fair value (~$33–34), and would consider adding below $30. Read the full article on Seeking Alpha
Narrative Update Apr 20

HG: Sidecar Expansion And Capital Returns Will Shape Measured Future Return Potential

Analysts have inched their price target for Hamilton Insurance Group up from $32.86 to $33.00, citing updated assumptions for revenue growth, profit margins and future P/E that fine tune, rather than overhaul, their earlier view. What's in the News Hamilton Insurance Group established a casualty reinsurance sidecar to provide dedicated underwriting capacity for its casualty reinsurance portfolio, with ceded premium over the life of the structure projected at about $300 million, supported by investor capital from Sixth Street.
Narrative Update Apr 05

HG: Special Dividend And Completed Buybacks Will Support Measured Future Return Potential

Analysts kept their $32.86 price target for Hamilton Insurance Group unchanged, citing stable assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for maintaining their view. What's in the News Completed share repurchase of 293,981 shares between October 1, 2025 and December 31, 2025, representing 0.3% of shares, for $7.67 million under the existing buyback program (Key Developments).
Narrative Update Mar 22

HG: Special Dividend And Completed Buybacks Will Support Stronger Future Upside Potential

Analysts have nudged their price target for Hamilton Insurance Group slightly higher to $32.86 from $32.57. This reflects updated assumptions around fair value and a modestly adjusted future P/E multiple.
Narrative Update Mar 08

HG: Special Dividend And Completed Buybacks Will Support Higher Future Upside Potential

Analysts have adjusted their price target on Hamilton Insurance Group to $32.57 from $30.93. The revision reflects updated views on fair value, profit margins, revenue growth expectations, and forward P/E assumptions.
Narrative Update Feb 22

HG: Special Dividend And Completed Buybacks Will Support Steady Fair Value Outlook

Analysts now place Hamilton Insurance Group's fair value around $30.93 per share, up from about $30.07. This reflects updated views on revenue growth, profit margins, and future P/E assumptions.
Narrative Update Feb 08

HG: Steady Margins And Buybacks Will Support Fairly Valued Outlook

Analysts have nudged their price target for Hamilton Insurance Group slightly higher to around US$30.07. This reflects modest tweaks to assumptions on discount rate, long term revenue growth, profit margin and future P/E that leave their overall valuation view largely unchanged.
Narrative Update Jan 24

HG: Expanded Buybacks And Steady Margins Will Shape Future Performance

Analysts have raised their price target on Hamilton Insurance Group by about $0.86 per share to $30.07, reflecting updated views on fair value, margins and forward P/E assumptions. What's in the News From July 1, 2025 to September 30, 2025, Hamilton Insurance Group repurchased 1,779,782 shares (about 1.78% of its shares) for US$40.45 million under its existing buyback program.
Narrative Update Jan 08

HG: Expanded Buybacks And Stable Outlook Will Guide Future Performance

Analysts have nudged their price target on Hamilton Insurance Group higher to about US$29.21 from roughly US$28.93, reflecting updated assumptions around revenue growth, profit margins and future P/E levels. What's in the News From July 1, 2025 to September 30, 2025, Hamilton Insurance Group repurchased 1,779,782 shares, about 1.78% of its shares, for US$40.45 million under its existing buyback plan (Key Developments).
Narrative Update Dec 19

HG: Expanded Buybacks And Modest Profit Outlook Will Shape Future Performance

Analysts have modestly raised their price target on Hamilton Insurance Group to approximately $28.93 from about $28.79, citing a slightly higher projected profit margin and marginally richer future valuation multiples, despite a small reduction in expected revenue growth. What's in the News From July 1, 2025 to September 30, 2025, Hamilton Insurance Group repurchased 1,779,782 shares, about 1.78% of its outstanding stock, for $40.45 million, bringing total buybacks under its current program to 5,414,027 shares, or 5.35%, for $113.82 million (company filing).
Narrative Update Dec 04

HG: Expanded Buybacks And Margin Pressures Will Shape Future Performance

Analysts have modestly raised their price target on Hamilton Insurance Group to approximately $28.79 per share from $28.50. This reflects slightly stronger projected revenue growth that more than offsets a marginally lower profit margin and a higher expected future price to earnings multiple.
Narrative Update Nov 20

HG: Share Buybacks And Profit Margin Risks Will Shape Outlook Ahead

Analysts have raised their price target for Hamilton Insurance Group from $27.14 to $28.50, citing improved revenue growth projections, even though there is a modest decrease in the expected profit margin. What's in the News Hamilton Insurance Group completed the repurchase of 1,779,782 shares for $40.45 million between July 1, 2025 and September 30, 2025.
Narrative Update Nov 05

HG: Price Strength Will Likely Continue As Financial Metrics Remain Solid

Analysts have maintained their price target for Hamilton Insurance Group at $27.14, with stable expectations across key financial metrics and no significant changes in company outlook. Valuation Changes Fair Value remains unchanged at $27.14.
Narrative Update Oct 22

Analysts Lift Target Price for Hamilton Insurance Group Amid Improved Margins and Ongoing Share Buybacks

Analysts have raised their price target for Hamilton Insurance Group from $26.43 to $27.14. They cited improved profit margins, even though revenue growth projections are slightly lower.
Narrative Update Oct 08

Digital Transformation And Globalization Will Expand Specialty Markets

Analysts have raised their price target for Hamilton Insurance Group from $25.43 to $26.43 per share, citing incremental improvements in profit margin estimates, even with slightly lower projected revenue growth. What's in the News From April 1, 2025 to August 6, 2025, Hamilton Insurance Group repurchased 2,352,945 shares, representing 2.31% of its outstanding shares, for $50.04 million (Key Developments).
Narrative Update Sep 05

Digital Transformation And Globalization Will Expand Specialty Markets

With both future P/E and consensus revenue growth forecasts holding steady, analysts have left their fair value estimate for Hamilton Insurance Group unchanged at $25.43. What's in the News Hamilton Insurance Group repurchased 2,352,945 shares for $50.04 million, representing 2.31% of shares outstanding, from April 1 to August 6, 2025.
Analysis Article Apr 04

Here's Why We Think Hamilton Insurance Group (NYSE:HG) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 12

Hamilton Insurance Group, Ltd.'s (NYSE:HG) P/S Is On The Mark

There wouldn't be many who think Hamilton Insurance Group, Ltd.'s ( NYSE:HG ) price-to-sales (or "P/S") ratio of 0.9x...
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New Narrative Nov 10

Rating Upgrade Boosts Reinsurance Growth But Market Risks Loom Over Profit Margins

Strong market discipline and improved A.M. Best rating enhance growth potential by driving revenue in reinsurance and insurance markets.
Analysis Article Sep 26

Investors Still Waiting For A Pull Back In Hamilton Insurance Group, Ltd. (NYSE:HG)

With a median price-to-sales (or "P/S") ratio of close to 1x in the Insurance industry in the United States, you could...

CEO Compensation Analysis

How has Pina Albo's remuneration changed compared to Hamilton Insurance Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$629m

Dec 31 2025US$9mUS$1m

US$577m

Sep 30 2025n/an/a

US$438m

Jun 30 2025n/an/a

US$380m

Mar 31 2025n/an/a

US$324m

Dec 31 2024US$9mUS$1m

US$400m

Sep 30 2024n/an/a

US$493m

Jun 30 2024n/an/a

US$459m

Mar 31 2024n/an/a

US$364m

Dec 31 2023US$13mUS$1m

US$259m

Sep 30 2023n/an/a

US$73m

Jun 30 2023n/an/a

-US$107m

Mar 31 2023n/an/a

US$29m

Dec 31 2022US$6mUS$1m

-US$98m

Compensation vs Market: Pina's total compensation ($USD8.98M) is about average for companies of similar size in the US market ($USD7.00M).

Compensation vs Earnings: Pina's compensation has been consistent with company performance over the past year.


CEO

Pina Albo (64 yo)

8.4yrs
Tenure
US$8,976,000
Compensation

Ms. Giuseppina Carmela Albo, also known as Pina, is Director of RGA Reinsurance Company. She joined Hamilton Insurance Group, Ltd. in January 22, 2018 as Chief Executive Officer has been its Director since...


Leadership Team

NamePositionTenureCompensationOwnership
Giuseppina Albo
CEO & Director8.4yrsUS$8.98m1.16%
$ 36.4m
Craig Howie
Group CFO & Chief Investment Officer4.9yrsUS$3.95m0.21%
$ 6.5m
Gemma Carreiro
Group General Counsel8.6yrsUS$2.08m0.16%
$ 5.1m
Adrian Daws
Chief Executive Officer of Hamilton Reless than a yearUS$3.11m0.17%
$ 5.4m
Alexander Baker
Chief Executive Officer of Hamilton Global Specialtyless than a yearUS$1.98m0.082%
$ 2.6m
Brian Deegan
Group Chief Accounting Officer5.1yrsno data0.044%
$ 1.4m
Raymond Karrenbauer
Group Chief Information Officerless than a yearno datano data
Darian Niforatos
VP & Head of Investor Relationsno datano datano data
Moussa Thiam
Group Head of Complianceless than a yearno datano data
Daniel Fisher
Group Head of Human Resources7.9yrsno data0.087%
$ 2.7m
Keith Bernhard
Group Chief Audit Officer12.4yrsno data0.030%
$ 957.1k
Christi Garber
Senior VP & Tax Director7.4yrsno datano data
5.1yrs
Average Tenure
53yo
Average Age

Experienced Management: HG's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Giuseppina Albo
CEO & Director8.3yrsUS$8.98m1.16%
$ 36.4m
James Hill
Board Observerno datano datano data
Bradley Cooper
Director2yrsno data0.00010%
$ 3.1k
Karen Green
Independent Director1.1yrsUS$216.67k0.0038%
$ 120.6k
Marvin Pestcoe
Independent Director6.3yrsUS$290.00k0.064%
$ 2.0m
John Gauthier
Independent Director2.7yrsUS$275.00k0.027%
$ 856.6k
Therese Vaughan
Independent Director2.3yrsUS$250.00k0.021%
$ 660.7k
David Priebe
Independent Director1.1yrsUS$216.67k0.0072%
$ 227.3k
David Brown
Independent Chairman of the Board13.4yrsUS$445.00k0.56%
$ 17.6m
E. Simmons
Independent Director2.8yrsUS$250.00k0.018%
$ 569.9k
Henna Karna
Independent Director2.7yrsUS$262.50k0.017%
$ 540.4k
Alan Patterson
Independent Director2.3yrsUS$300.00k0.038%
$ 1.2m
2.7yrs
Average Tenure
64yo
Average Age

Experienced Board: HG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 21:22
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hamilton Insurance Group, Ltd. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Taylor ScottBarclays
Michael ZaremskiBMO Capital Markets Equity Research
Matthew HeimermannCitigroup Inc