What is Hamilton Insurance Group, Ltd.'s bermuda - casualty — 3?

Hamilton Insurance Group, Ltd. (HG) reported bermuda - casualty — 3 of 12% in Q4 2025.

What does bermuda - casualty — 3 mean?

This metric captures the third year of loss reserve development for the Bermuda Casualty segment, reflecting the ongoing adjustment of liabilities for older claims. It serves as a benchmark for the long-tail nature of casualty business and the accuracy of long-term reserve projections. Stability in this metric suggests a mature and predictable underwriting process.

Hamilton Insurance Group, Ltd. HG Bermuda - Casualty — 3

Other product segments

International - Specialty

23%-4.2%

International - Property

19%0.0%

Bermuda - Specialty

14%0.0%

Bermuda - Property

13%0.0%

International - Casualty

13%+8.3%

Similar metrics at other companies

SPNTCasualty — Year 3

23.4%+1.3pp

SPNTCasualty — Year 2

25.9%-2.6pp

ACGLCasualty — Year Three

11.8%-0.1pp

EGCasualty Insurance — Year three

25.9%—

KNSLCasualty - occurrence — Historical Claims Duration, Year Three

11.7%-0.9pp

KNSLCasualty - claims made — Historical Claims Duration, Year Three

21.5%-0.4pp

Other financials

Income statement

See full

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

See full

Operating cash flow$100.8M+189%

Valuation

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Market cap$3.24B+50.7%

Enterprise value$2.43B+75.6%

P/E3.7×-0.5×

P/S1.1×+0.2×

Profitability

See full

Net margin30.2%+9.1pp

Returns & leverage

See full

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree.

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

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What is Hamilton Insurance Group, Ltd.'s bermuda - casualty — 3?: Hamilton Insurance Group, Ltd. (HG) reported bermuda - casualty — 3 of 12% in Q4 2025.
What does bermuda - casualty — 3 mean?: This metric captures the third year of loss reserve development for the Bermuda Casualty segment, reflecting the ongoing adjustment of liabilities for older claims. It serves as a benchmark for the long-tail nature of casualty business and the accuracy of long-term reserve projections. Stability in this metric suggests a mature and predictable underwriting process.