Pina Albo, CEO of Hamilton Insurance Group (File photograph)Hamilton Insurance Group posted second-quarter net income of nearly $144 million — down 23 per cent year over year. The company produced a 21 per cent annualised return on average equity, a 95 per cent combined ratio and strong investment income for the quarter. The results included net income of $143.8 million, or $1.42 per diluted share and operating income of $158.2 million, or $1.56 per diluted share. Annualised return on average equity was 20.6 per cent and annualised operating return on average equity was 22.7 per cent. The annualised return on average equity was 19.6 per cent and annualised operating return on average equity was 22.9 per cent.