Added to YB: 2025-03-12
Pitch date: 2025-03-10
HG [bullish]
Hamilton Insurance Group, Ltd.
+34%
current return
Author Info
Karst Research is partial to asset heavy industries, healthcare, and insurers. Trying to keep it simple, I think. Occasional ramblings. Sign up for the newsletter.
Company Info
Hamilton Insurance Group, Ltd., through its subsidiaries, operates as specialty insurance and reinsurance company in Bermuda and internationally.
Market Cap
$2.6B
Pitch Price
$21.00
Price Target
22.95 (-18%)
Dividend
N/A
EV/EBITDA
2.45
P/E
6.23
EV/Sales
0.67
Sector
Insurance
Category
value
Hamilton Insurance Group, Ltd. - $HG
HG: Profitable specialty insurer trading at 0.9x BV. 91.3% combined ratio, 18.3% ROE, 24.2% premium growth. $2B Two Sigma fund driving earnings. $2.4B GPW split 54% Int'l, 46% Bermuda. Catastrophe risk: $202M FL hurricane, $278M CA quake. $120-150M CA fire provision. Solid underwriting, unique asset mix.
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