secwatch.observer — SEC 8-K summary
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Issuer:     Kestrel Group Ltd (KG)
CIK:        0002055116
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001628280-26-032893
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kestrel Group Q1 2026 net loss $7.0M; program services fee revenue up 287% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2055116/000162828026032893/0001628280-26-032893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2055116/000162828026032893/kg-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032893

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer