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Hamilton Insurance Group, Ltd. HG Bermuda — Amortization of deferred policy acquisition costs

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Other financials

Income statement

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Revenue$758.9M-1.3%
Net income$217.0M+19.7%
EPS (diluted)$1.31+70.1%

Balance sheet

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Cash & equivalents$955.5M+4.6%
Total debt$149.8M-0.1%
Total equity$2.7B+13.5%
Total assets$9.9B+18.2%

Cash flow

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Operating cash flow$100.8M+189%

Valuation

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Market cap$3.24B+40.4%
Enterprise value$2.43B+60.1%
P/E3.7×-0.8×
P/S1.1×+0.2×

Profitability

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Net margin30.2%+9.1pp

Returns & leverage

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Return on equity34.2%+11.8pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Hamilton Insurance Group, Ltd. in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts.

The official record: Hamilton Insurance Group, Ltd.’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hamilton Insurance Group, Ltd.'s bermuda — amortization of deferred policy acquisition costs?
Hamilton Insurance Group, Ltd. (HG) reported bermuda — amortization of deferred policy acquisition costs of $57.65M in Q4 2025.
How has Hamilton Insurance Group, Ltd.'s bermuda — amortization of deferred policy acquisition costs changed year-over-year?
Hamilton Insurance Group, Ltd.'s bermuda — amortization of deferred policy acquisition costs increased by 34.1% year-over-year, from $42.99M to $57.65M.
What is the long-term trend for Hamilton Insurance Group, Ltd.'s bermuda — amortization of deferred policy acquisition costs?
Over 3 years (2022 to 2025), Hamilton Insurance Group, Ltd.'s bermuda — amortization of deferred policy acquisition costs has grown at a 31.8% compound annual growth rate (CAGR), from $100.62M to $230.61M.
What does bermuda — amortization of deferred policy acquisition costs mean?
This metric represents the systematic recognition of costs directly associated with the acquisition of insurance contracts, such as commissions and premium taxes, over the term of the related insurance policies. It reflects the portion of deferred acquisition costs expensed during the reporting period within the Bermuda underwriting segment. Monitoring this expense provides insight into the efficiency of the segment's distribution network and the underlying profitability of its underwriting portfolio.