{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-017505","form_type":"8-K","ticker":"KG","cik":"0002055116","company_name":"Kestrel Group Ltd","filed_at":"2026-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.128651+00:00","generated_at":"2026-05-15T12:44:21.762608+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kestrel Group reports Q4 net loss of $17.8M on $10.2M revenues; Program Services fees up 95% QoQ","bullets":["Net loss Q4 $17.8M ($2.29 diluted EPS); full-year net income $46.7M ($8.08 diluted EPS).","Program Services net fee income $1.9M (+94.5% QoQ); premium produced $93.8M (+79.2% QoQ).","Q4 includes $5.3M bargain purchase gain adjustment, $2.0M legal arbitration costs, $0.8M restructuring.","Legacy Reinsurance segment underwriting loss $7.6M, including $3.3M non-recurring charges.","Book value per share $16.57; total assets $1.0B, shareholders' equity $128.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-017505","json":"https://secwatch.observer/filing/0001628280-26-017505.json","markdown":"https://secwatch.observer/filing/0001628280-26-017505.md","text":"https://secwatch.observer/filing/0001628280-26-017505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026017505/0001628280-26-017505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026017505/kg-20260313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:44:21.762608+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d82452e25311df8952a9c91cbcd2a80b3f1fd61f","claim":"Kestrel Group Ltd reported financial results for three and twelve months ended December 31, 2025.","evidence_excerpt":"On March 13, 2026, the Company issued a press release announcing its results of operations for the three and twelve months ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026017505/0001628280-26-017505-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and twelve months ended December 31, 2025"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}