{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-032893","form_type":"8-K","ticker":"KG","cik":"0002055116","company_name":"Kestrel Group Ltd","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.451386+00:00","generated_at":"2026-05-14T21:14:42.718453+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Kestrel Group Q1 2026 net loss $7.0M; program services fee revenue up 287% YoY","bullets":["Net loss from continuing ops $7.0M ($0.90/share); total revenues $10.2M.","Program Services fee revenue $3.1M (+287% YoY); premiums produced $94.2M (+304% YoY).","Legacy Reinsurance underwriting loss $3.3M, including $2.4M from AmTrust run-off.","Book value per share fell to $15.52 from $16.57 at Dec 31, 2025.","G&A expenses $11.7M include $3.0M non-recurring annual items; NOL carryforwards $476.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-032893","json":"https://secwatch.observer/filing/0001628280-26-032893.json","markdown":"https://secwatch.observer/filing/0001628280-26-032893.md","text":"https://secwatch.observer/filing/0001628280-26-032893.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026032893/0001628280-26-032893-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026032893/kg-20260508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:14:42.718453+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":"b475930556a81c8d66a85a1b7ac5abc4f5529630","claim":"Kestrel Group Ltd reported financial results for the three months ended March 31, 2026.","evidence_excerpt":"On May 8, 2026, the Company issued a press release announcing its results of operations for the three months ended March 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2055116/000162828026032893/0001628280-26-032893-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"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"}