Hamilton Insurance Group, Ltd. · NYSE:HG
Hamilton Insurance — Q2 2026 Earnings Presentation
23 slides from Hamilton Insurance's earnings presentation, Aug 7, 2026
Slide 1: Investor Presentation
Investor Presentation Hamilton Insurance Group, Ltd. 2Q 2026
Slide 2: Special Note Regarding Forward-Looking Statements
Special Note Regarding Forward-Looking Statements This presentation includes "forward looking statements" pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of terms such as "believes," "expects
Slide 3: Special Note Regarding Forward-Looking Statements
Special Note Regarding Forward-Looking Statements • the cyclical nature of the insurance and reinsurance business, which may result in declines in competitors; pricing and more competitive terms and conditions; • our potentially becoming subject to additional or increased taxation, including U.S. fe
Slide 4: Introduction to Hamilton
Introduction to Hamilton y GI 7,
Slide 5: Highly Experienced Leadership Team
Highly Experienced Leadership Team Fostering an inclusive, collaborative and entrepreneurial culture Executive leadership Pina Albo Craig Howie Group CEO Group CFO 30+ Years 35+ Years Former: Munich Re Former: Everest Alex Baker Adrian Daws Anita Kuchma CEO, Hamilton Global Specialty CEO, Hamilton R
Slide 6: This declares our promise to everyone we interact with
This declares our promise to everyone we interact with. We believe we are enriched by one another’s attitudes, experiences and knowledge. Our colleagues share a passion for service and results. We know that what we do each day is meaningful – to our customers and our business. Highly Open, diverse a
Slide 7: Hamilton – Overview and Results
Hamilton – Overview and Results Annual Segmental Results Group Financial Highlights Gross Premiums Written (GPW) $6.1B Segments Reporting International Bermuda 2Q 2026 Cash & Invested 2025 GPW 2025 GPW $2.9B $1.8B Assets $1.5B $1.4B FY 2025 1H 2026 Combined Ratio $2.9B 2Q 2026 Shareholders’ Hamilton
Slide 8: Diversified and Well Scaled Underwriting Platforms Facilitate Cycle Management
Diversified and Well Scaled Underwriting Platforms Facilitate Cycle Management Diversified by Insurance / Reinsurance, Class of Business, and Segment / Geography 2025 Gross Premiums Written of $2.9 Billion Insurance / Reinsurance Class of Business Business Segments Insurance 50% International Specia
Slide 9: Hamilton Group – Strategic Growth and Sustainable Underwriting Profitability
Hamilton Group – Strategic Growth and Sustainable Underwriting Profitability Double digit top line growth with bottom line improvement Hamilton Group - Gross Premiums Written ($’m) $2,923 $2,423 $1,951 $1,771 $1,647 $1,555 $1,447 2021 2022 2023 2024 2025 1H 2025 1H 2026 Hamilton Group - Combined Rat
Slide 10: Segment Results
Segment Results
Slide 11: International Segment: Market Leading Writer of Specialty (Re)Insurance Business
International Segment: Market Leading Writer of Specialty (Re)Insurance Business Specialty insurance products written in Lloyd’s, Hamilton Insurance DAC, HMGA Americas & Hamilton Select Highlights 2025 GPW Business Mix Hamilton Global Specialty 16% • Lloyd’s Syndicate 4000 and Hamilton Insurance DAC
Slide 12: International Segment: Opportunities for Growth Remain in Transitioning Market Environment
International Segment: Opportunities for Growth Remain in Transitioning Market Environment Results reflect the diversified, lower volatility portfolio we have built over time International Segment - Gross Premiums Written ($’m) $1,517 $1,308 $1,106 $892 $933 $863 $715 2021 2022 2023 2024 2025 1H 202
Slide 13: Bermuda Segment: Well Diversified Writer of Property, Casualty and Specialty Classes
Bermuda Segment: Well Diversified Writer of Property, Casualty and Specialty Classes Underwriting-focused operation with strong foundation to trade through the cycle Highlights 2025 GPW Business Mix Hamilton Re 13% • Established, scaled platform with broad, diversified client base 33% • Demonstrated
Slide 14: Bermuda Segment: Opportunities for Growth Remain in Transitioning Market Environment
Bermuda Segment: Opportunities for Growth Remain in Transitioning Market Environment Diversified portfolio allows for flexibility Bermuda Segment - Gross Premiums Written ($’m) $1,406 $1,114 $846 $841 $908 $713 $554 2021 2022 2023 2024 2025 1H 2025 1H 2026 Bermuda Segment - Combined Ratio(2) Loss Ra
Slide 15: Invested Assets
Invested Assets
Slide 16: Investment Strategy Review – $6.1 Billion
Investment Strategy Review – $6.1 Billion Investment Portfolio as of June 30, 2026 Fixed Income, Short-Term and Cash Two Sigma Hamilton Fund 61% / $3.8B 39% / $2.4B A1 average credit quality Low correlation to equity markets; PRESERVATION OF CAPITAL 100% investment grade long-term positive returns I
Slide 17: Fixed Income Investment Portfolio as of June 30, 2026
Fixed Income Investment Portfolio as of June 30, 2026 Fixed income investments of $3.1 billion – Average rating of A1 and duration of 4.0 years 17% Corporate US Treas. Corporate A3 Aa1 7% US Treasury $3.1B 56% US Agency US Other 20% Other Agency Aa1 Aa1 Invested Assets 17
Slide 18: Two Sigma Hamilton Fund
Two Sigma Hamilton Fund Diversified fund focused on liquid strategies in global equities, fixed income, futures, and FX markets • Two Sigma aims to deliver low-correlated absolute Two Sigma Hamilton Fund returns primarily through the systematic and non- systematic application of fundamental, technic
Slide 19: Investing in Hamilton
Investing in Hamilton y GI 7,
Slide 20: A Value Creation Engine: 78% Growth in BVPS + Accumulated Dividends Since IPO
A Value Creation Engine: 78% Growth in BVPS + Accumulated Dividends Since IPO Book Value Per Share ("BVPS") + Accumulated Dividend Growth Since IPO $2.00 $28.91 $17.35 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 BVPS Accumulated Dividends Investing in Hamiton 20
Slide 21: Who we are today
Who we are today A scaled, diversified, Entrepreneurial & Disciplined Demonstrated ability to global specialty experienced leadership underwriting grow profitably, insurance and reinsurance team fostering a distinctive approach focused on navigating across operation and attractive culture sustainabl
Slide 22: Non-GAAP Measures
Non-GAAP Measures We present our results of operations in a way that we believe will be the most meaningful and useful to investors, analysts, rating agencies and others who use our financial information to evaluate our performance. Some of the measurements that management uses to assess our operati
Slide 23: Contact us at investor.relations@hamiltongroup.com
Contact us at investor.relations@hamiltongroup.com Hamilton Insurance Group, Ltd. Wellesley House North, 1st Floor +1 (441) 405 5200 90 Pitts Bay Road, Pembroke HM08, Bermuda hamiltongroup.com
Hamilton Insurance Group — Q2 2026 Earnings Presentation on 6ix