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Hamilton Insurance Group shared its Q3 results, showing a profit of $81 million and 17% growth in premiums.

ResultsRead the original at Benzinga
Good for HG

HG earned $81 million in net income, grew premiums 17%, and spent about 97 cents on claims and costs per premium dollar. Conflict-related losses and its pullback from large property accounts temper the result, but reported profits and growth support a positive reading.

HG · Hamilton Insurance Group

AI read · Good for HG

The AI's read

The results show Hamilton made money as it grew its specialty and casualty business. Hamilton Select also grew, supported by a new property offering and a stronger financial strength rating. Conflict-related catastrophe losses and the decision to step back from large property accounts temper the picture, but reported profit and growth support a positive reading.

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