A hammer bit includes a bit body having a bit axis and a bit face, a first circumferential row of cutting elements mounted to the bit face, the first circumferential row located at an outermost radius of the bit face and extending around the bit axis, and a second circumferential row of cutting elements mounted to the bit face, the second circumferential row located radially inwardly adjacent the first circumferential row, wherein each of the cutting elements of the second circumferential row is a semi-round top insert. The ratio of the radial overlap distance to the radial span distance between the cutting profiles of cutting elements of the first and second circumferential rows is between 0.1 and 0.5. The ratio of the radial overlap distance to the radial span distance between the cutting profiles of the first and second circumferential rows is greater than 0.25.