| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 217,032 | 214,553 | 176,423 | 449,053 |
| Depreciation and amortization | 4,366 | 2,934 | 4,337 | 8,660 |
| Share compensation expense | 5,659 | 8,120 | 7,658 | 13,482 |
| Net realized (gains) losses on investments | 155,615 | 93,005 | 109,355 | 314,787 |
| Change in net unrealized (gains) losses on investments | -4,540 | 22,142 | 5,781 | 142,041 |
| Other items | -2,110 | 1,973 | 78 | 26,617 |
| Premiums receivable | 214,692 | -72,223 | -36,580 | 276,873 |
| Paid losses recoverable | 6,528 | -22,188 | -15,986 | -2,573 |
| Deferred acquisition costs | 34,109 | -2,057 | 5,858 | 44,417 |
| Prepaid reinsurance | 122,627 | -37,674 | -26,865 | 141,969 |
| Unpaid losses and loss adjustment expenses recoverable | 37,117 | 72,024 | 67,173 | 65,620 |
| Other assets | 17,153 | 48,458 | -5,488 | 14,255 |
| Reserve for losses and loss adjustment expenses | 180,634 | 209,099 | 221,796 | 451,790 |
| Unearned premiums | 205,771 | -65,986 | 29,116 | 292,067 |
| Reinsurance balances payable | 164,404 | -76,311 | -44,540 | 155,976 |
| Accounts payable and accrued expenses and other | -95,847 | 104,476 | 4,149 | -93,710 |
| Net cash provided by (used in) operating activities | 100,828 | 293,425 | 295,613 | 253,312 |
| Proceeds from redemptions from two sigma funds | 841,983 | 475,498 | 728,989 | 1,449,027 |
| Contributions to two sigma funds | 754,124 | 456,744 | 675,669 | 1,582,403 |
| Purchases of fixed maturity investments | 1,157,855 | 710,360 | 690,429 | 1,084,680 |
| Proceeds from sales, redemptions and maturity of fixed maturity investments | 1,344,269 | 502,025 | 379,315 | 832,969 |
| Purchases of short-term investments | 442,235 | 199,207 | 241,914 | 658,568 |
| Proceeds from sales of short-term investments | 195,099 | 251,503 | 304,717 | 860,370 |
| Change in receivables for investments sold | 47,983 | -12,847 | -6,911 | 35,735 |
| Change in payables for investments purchased | -99,702 | 107,840 | -25,516 | 12,102 |
| Other | 3,220 | 416 | 3,135 | 5,378 |
| Net cash provided by (used in) investing activities | -27,802 | -42,708 | -230,553 | -140,826 |
| Term loan, net of issuance costs | NaN | 0 | 0 | 311 |
| Issuance of common shares | 13 | 14 | 0 | 11 |
| Repurchases of common shares | 33,086 | 20,198 | 40,454 | 51,887 |
| Contribution of additional paid-in capital | -13 | -14 | 0 | -12 |
| Withdrawal of non-controlling interest | 53,129 | 123,376 | 28,338 | 111,601 |
| Dividends on common shares paid | 199,366 | NaN | NaN | NaN |
| Net cash provided by (used in) financing activities | -285,581 | -143,574 | -68,792 | -163,800 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents | -4,018 | -270 | -2,348 | 21,759 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | -216,573 | 106,873 | -6,080 | -29,555 |
| Cash and cash equivalents and restricted cash and cash equivalents, beginning of period | 1,172,090 | 1,065,217 | 1,100,852 | NaN |
| Cash and cash equivalents and restricted cash and cash equivalents, end of period | 955,517 | 1,172,090 | 1,065,217 | NaN |
Hamilton Insurance Group, Ltd. (HG)
Hamilton Insurance Group, Ltd. (HG)