Kinsale Capital Group, Inc. Earnings Recaps
Q2 2026
Jul 28, 2026
Shares rose 8.8% following Q2 results as Kinsale demonstrated resilient profitability with a 15.9% operating EPS increase and a 75.5% combined ratio, supported by disciplined underwriting and favorable investment income despite modest premium growth and competitive pressures in commercial property.
Key takeaways
- Diluted operating EPS rose 15.9% to $5.54, reflecting effective cost control and underwriting discipline.
- Net earned premium increased 8.9%, while gross and net written premiums declined 5% and 1.4%, respectively, weighed down by shrinking volume in the highly competitive commercial property segment.
- The combined ratio improved to 75.5%, including 4.5 points of favorable prior year loss reserve development and 1.3 points of catastrophe losses.
- Investment income grew nearly 20% aided by portfolio growth and higher new money yields averaging 5.25%.
- New business submissions were up 6% overall, with 8% growth outside commercial property, highlighting selective growth in favorable underwriting segments.
Q3 2025
Oct 24, 2025
Kinsale Capital Group reported robust third quarter earnings with a 24% increase in operating earnings per share and continued strong growth in written premiums, despite a competitive market landscape.
Key takeaways
- Operating earnings per share reached $5.21, up 24% year-over-year.
- Gross written premium increased by 8.4%, while net earned premium surged by 17.8%.
- Combined ratio stood at 74.9%, benefiting from favorable prior year loss reserve developments.
- Book value per share rose by 25.8% since year-end 2024, with float increasing to $3 billion.
- Management transitions were announced, including Brian Haney's new role as Senior Adviser and Stuart Winston's promotion to Chief Underwriting Officer.