HG
Market read
HG accounts for 13.0% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 6 of 7 session-normalized paths align to the upside. Capital-flow agreement is 24%, so confirmation is not yet clean. No verified headline preceded the measured group move.
EFSC, TOWN, MTUS moved materially before HG. HG crossed its material path threshold at 15:50 ET, 1455 minutes after the first measured mover. AX followed.
2 of 7 members in Banks and Insurers are active. 1 of 8 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 2 of 7 members or fewer.
Research brief
HG accounts for 13.0% of the group's measured movement across 5.9 effective names. raw member direction is mixed; 6 of 7 session-normalized paths align to the upside. Capital-flow agreement is 24%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
No credible peer-relative valuation comparison is available yet.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“2,968) Amortization of intangible assets (4,020) (3,890) Interest expense (4,777) (5,602) Income tax (expense) benefit (2,323) (3,206) Net income (loss), prior to non-controlling interest $ 217,032 $ 181,266 Third Party Fee Income Third party fee income inclu…”10-Q · May 6, 2026 ↗
“Foreign exchange gains of $4.5 million and losses of $2.5 million for the three months ended March 31, 2026 and 2025, respectively, were primarily driven by the remeasurement of insurance related assets and liabilities denominated in British Pounds, Euro, Jap…”10-Q · May 6, 2026 ↗
“Demand surge The temporary inflation of costs for building materials and labor resulting from increased demand for rebuilding services in the aftermath of a catastrophe.”10-K · Feb 25, 2026 ↗
“The statutory net income (loss) for the Company’s principal operating subsidiaries by regulatory jurisdiction was as follows: Years Ended December 31, ($ in thousands) 2025 2024 2023 Bermuda $ 518,454 $ 432,769 $ 270,309 United Kingdom 113,395 61,879 59,778 I…”10-K · Feb 25, 2026 ↗
Valuation discipline
Price/sales 1.2× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for HG. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for HG. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“Some of our competitors include American Financial Group, Inc.; Arch Capital Group Ltd; AXIS Capital Holdings Limited; Beazley plc; Cincinnati Financial Corporation; Everest Group, Ltd.; The Hanover Insurance Group, Inc.; Hiscox Ltd; James River Group Holding…”
“Some of our competitors include American Financial Group, Inc.; Arch Capital Group Ltd; AXIS Capital Holdings Limited; Beazley plc; Cincinnati Financial Corporation; Everest Group, Ltd.; The Hanover Insurance Group, Inc.; Hiscox Ltd; James River Group Holding…”
“Some of our competitors include American Financial Group, Inc.; Arch Capital Group Ltd; AXIS Capital Holdings Limited; Beazley plc; Cincinnati Financial Corporation; Everest Group, Ltd.; The Hanover Insurance Group, Inc.; Hiscox Ltd; James River Group Holding…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 13 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
HG is currently a Participant in the organic co-movement group Banks and Insurers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.