secwatch.observer — SEC 8-K summary
======================================

Issuer:     Kinsale Capital Group, Inc. (KNSL)
CIK:        0001669162
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001669162-22-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinsale Q3 net income down 9.9% to $1.43 EPS; gross premiums up 43.8% to $284.1M
--------------------------------------------------------------------------------

- Net income $33.0M ($1.43 diluted EPS) vs $36.6M ($1.59) in Q3 2021; after-tax catastrophe losses $20.6M (mostly Hurricane Ian).
- Net operating earnings $37.9M ($1.64 diluted), up 3.3% YoY; gross written premiums surged 43.8% to $284.1M.
- Combined ratio 83.6% vs 75.7% in Q3 2021; loss ratio included 12.5 points from Hurricane Ian.
- Net investment income rose 71.2% to $13.9M; annualized operating ROE 24.3% for nine months.
- Underwriting income $34.3M vs $38.1M; favorable reserve development $11.0M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1669162/000166916222000041/0001669162-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1669162/000166916222000041/knsl-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001669162-22-000041

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