Pina Alba
Group Chief Executive Officer
Replay available
Hamilton Insurance Group, Ltd. (HG) Q1 2025 Earnings Call
Hamilton Insurance Group, Ltd. (NYSE: HG) Q1 2025 earnings conference call, held 2025-05-08. Replay captured from the company's public earnings webcast.
Hosted by
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Craig Howey
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.257 quarter 2025 earnings conference call. The Hamilton executives leading 00:00:05.257 -- 00:00:10.484 today's call are Pina Alba, Group Chief Executive Officer, and Craig 00:00:10.484 -- 00:00:15.510 Howey, Group Chief Financial Officer. We are also joined by other members 00:00:15.510 -- 00:00:18.153 of the Hamilton management team. 00:00:18.153 -- 00:00:23.139 Before we begin, note that Hamilton financial disclosures, including our earnings release, 00:00:23.139 -- 00:00:28.105 contain important information regarding forward-looking statements, management comments 00:00:28.105 -- 00:00:32.508 regarding potential future developments, are subject to the risks and uncertainties as 00:00:32.508 -- 00:00:37.694 detailed. Management may also refer to certain non-GAAP financial measures. 00:00:37.694 -- 00:00:41.638 These items are reconciled in our earnings release and financial supplement. 00:00:41.638 -- 00:00:44.920 With that, I'll hand it over to Pina. 00:00:45.222 -- 00:00:50.308 Thank you, Darian, and hello, everyone. Let me start by welcoming you all to Hamilton's 00:00:50.308 -- 00:00:55.775 first quarter 2025 conference call. I'm very pleased to report 00:00:55.775 -- 00:01:01.147 another profitable quarter for Hamilton, despite the fact that global insured catastrophe 00:01:01.147 -- 00:01:06.193 losses were over $55 billion for the quarter, driven primarily 00:01:06.193 -- 00:01:09.034 by the California wildfires. 00:01:09.476 -- 00:01:14.582 Starting with the headline results, our catastrophe loss ratio this quarter was 30.2%, 00:01:14.582 -- 00:01:20.428 which includes our California wildfire net loss estimate of $143 00:01:20.428 -- 00:01:22.428 million. 00:01:22.470 -- 00:01:27.590 This number is net reinsurance and reinst...