---
schema_version: "secwatch.filing_event.v1"
accession: "0001669162-23-000021"
form_type: "8-K"
ticker: "KNSL"
cik: "0001669162"
company_name: "Kinsale Capital Group, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:04:54.629164+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kinsale Capital Q1 net income up 75.5% to $55.8M; diluted EPS $2.40 vs $1.38 YoY

## Summary
- Gross written premiums grew 45.6% to $357.6M; net operating earnings of $56.8M, $2.44 per diluted share.
- Combined ratio improved to 78.2% from 79.0% on underwriting income of $51.6M.
- Net investment income surged 127.7% to $20.7M; annualized operating ROE of 29.1%.
- Net favorable reserve development added $9.0M (3.8 pts) to underwriting results.

## SEC filing metadata
- accession: 0001669162-23-000021
- form_type: 8-K
- ticker: KNSL
- cik: 0001669162
- company_name: Kinsale Capital Group, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1669162/000166916223000021/0001669162-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1669162/000166916223000021/knsl-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001669162-23-000021
- JSON: https://secwatch.observer/filing/0001669162-23-000021.json
- Plain text: https://secwatch.observer/filing/0001669162-23-000021.txt

## Key facts
- Earnings Releases
  Kinsale Capital Group, Inc. reported the three months ended March 31, 2023 results: net income $55.8 million, EPS $2.40 per diluted share.
  - Period: the three months ended March 31, 2023
  - Net income: $55.8 million
  - EPS: $2.40 per diluted share
  - Result: reported results
  source text: Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $55.8 million, $2.40 per diluted share, for the first quarter of 2023 compared to $31.8 million, $1.38 per diluted share, for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1669162/000166916223000021/0001669162-23-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.