Hamilton Insurance Group, Ltd. (HG) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

$187 million for the quarter, representing an impressive annualized return on average equity of 30.2%. Before providing some more commentary on the quarter, I want to take a minute to speak about our recently announced management appointments. Megan Graves, CEO of Hamilton Re, decided to retire after five years of transformational leadership. Megan will be missed and we're incredibly grateful for her many contributions to Hamilton's growth and success during her tenure. As we announced, and as part of a seamless execution of our succession planning, Adrian Dawes, CEO of Hamilton Global Specialty, will succeed Megan as CEO of Hamilton Re from September 1st. At the same time, Alex Baker, our Group Chief Risk Officer, will take over from Adrian as CEO of Hamilton Global Specialty. Adrian and Alex are both seasoned industry professionals with strong track records and a clear alignment to our strategy. Given this and the strength of our broader Hamilton team, we are confident about continuing our positive performance trajectory. Additionally, Tim Duffin, Currently, our Chief Underwriting Officer for Bermuda will step into a newly created role of Group Chief Underwriting Officer as of January 1, 2026. Tim's proven leadership, business acumen, and strong industry relationships will provide further positive direction and momentum for our company. These appointments reflect the depth and breadth of talent in our organization. They also reinforce our commitment to our strategic imperative of being a magnet for talent by providing growth opportunities to employees within our organization. We are very pleased and indeed privileged to have such strong leaders in our group. While still on the topic of being a magnet for talent, it is important to note that in addition to being abl...