Kinsale Earnings Reports

Kinsale Capital Group delivered record third-quarter results driven by higher underwriting income, improved combined ratio, and strong investment returns. Net income and operating earnings per share increased over 24% year-over-year, supported by disciplined underwriting and favorable loss reserve development.

Kinsale delivered record EPS and strong underwriting performance, supported by disciplined expense management and increased investment income.

Kinsale Capital Group generated $89,227,000 in net income and $423,397,000 in revenue for Q1 2025. The company posted a solid underwriting income and maintained profitability with a combined ratio of 82.1%. Net investment income surged 33% year-over-year, driven by strong operating cash flows.

Kinsale Capital saw a 12.2% YoY increase in gross written premiums and a 37.8% rise in net investment income. Net income grew 5.5% YoY to $109.09M, while adjusted EPS increased 19.4% to $4.62. The company maintained a strong underwriting margin, with a combined ratio of 73.4%, despite catastrophe losses impacting results.