Kinsale Q2 net income $72.8M ($3.12 EPS), operating earnings $67.2M; gross premiums up 58%

Kinsale Capital Group, Inc.

2023-Q2 EPS reported $5.52 revenue$558,911,000

Net income $72.8M ($3.12 diluted EPS) vs $27.1M ($1.17) in Q2 2022, up 168.7%.
Net operating earnings $67.2M ($2.88 diluted EPS) vs $44.4M ($1.92), up 51.2%.
Gross written premiums $438.2M, up 58.2% from Q2 2022; driven by strong submission flow and pricing.
Combined ratio improved to 76.7% from 77.4% due to lower expense ratio (21.0% vs 22.5%).
Net investment income $24.2M (+128.2%); annualized operating ROE 30.6% for H1 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kinsale Capital Group, Inc. reported the first half of 2023 results: net income $128.6 million, EPS $5.52 per diluted share.

Period: the first half of 2023
Net income: $128.6 million
EPS: $5.52 per diluted share
Result: reported results

Exact text from the filing

Net income was $128.6 million, $5.52 per diluted share, for the first half of 2023 compared to $58.9 million, $2.55 per diluted share, for the first half of 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kinsale Capital Group, Inc. reported the second quarter of 2023 results: net income $72.8 million, EPS $3.12 per diluted share.

Period: the second quarter of 2023
Net income: $72.8 million
EPS: $3.12 per diluted share
Result: reported results

Exact text from the filing

Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $72.8 million, $3.12 per diluted share, for the second quarter of 2023 compared to $27.1 million, $1.17 per diluted share, for the second quarter of 2022.

View on SEC.gov

3 earnings releases filed in the last 30 days. Browse all earnings releases →

Kinsale Capital Group, Inc. filing history →

Source: SEC EDGAR

accession 0001669162-23-000039

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.