Kingstone Companies reported a record-setting third quarter with net income of $10.9 million and an impressive annualized return on equity of 43%, driven by strong premium growth and cost management.

• Net written premiums grew by 14%, primarily from a 13% average premium increase and enhanced retention rates.
• The GAAP combined ratio improved to 72.7%, marking the eighth consecutive quarter of profitability.
• Net investment income surged 52% to $2.5 million, bolstered by higher fixed income yields and robust cash flow.
• Updated 2025 guidance reflects a raised forecast for EPS, net combined ratio, and ROE, with projected direct-written premium growth of 12% to 17%.
• Kingstone's strategic focus on preferred risk products led to a 31% reduction in claim frequency for its Select homeowners portfolio compared to legacy offerings.