Hamilton Insurance Group, Ltd. (NYSE:HG) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET
Company Participants
Darian Niforatos – Vice President of Investor Relations
Pina Albo – Chief Executive Officer
Craig Howie – Chief Financial Officer
Conference Call Participants
Michael Zaremski – BMO Capital Markets
Thomas Mcjoynt – Keefe, Bruyette, & Woods, Inc.
Elyse Greenspan – Wells Fargo Securities
Matthew Carletti – Citizens JMP Securities
Operator
Hello and welcome to the Hamilton Insurance Group Earnings Conference Call. As a reminder, this call is being webcast and will also be available for replay with links on the Hamilton Investor Relations website.
I’d now like to turn the call over to Darian Niforatos, Vice President of Investor Relations and Finance. Please go ahead.
Darian Niforatos
Thanks, operator. Hi everyone and welcome to the Hamilton Insurance Group first quarter 2025 earnings conference call. The Hamilton executives leading today’s call are, Pina Albo, Group Chief Executive Officer; and Craig Howie, Group Chief Financial Officer. We are also joined by other members of the Hamilton management team.
Before we begin, note that Hamilton financial disclosures, including our earnings release, contain important information regarding forward-looking statements. Management comments regarding potential future developments are subject to the risks and uncertainties as detailed. Management may also refer to certain non-GAAP financial measures. These items are reconciled in our earnings release and financial supplements.
With that, I’ll hand it over to Pina.
Pina Albo
Thank you, Darian and hello, everyone. Let me start by welcoming you all to Hamilton’s first quarter 2025 conference call. I’m very pleased to report another profitable quarter for Hamilton despite the fact that global insured catastrophe losses were over $55 billion for the quarter, driven primarily by the California wildfires.
Starting with the headline results. Our catastrophe loss ratio this quarter was 30.2%, which
