earnings
confidence high
sentiment positive
materiality 0.82
Kinsale Capital Q1 net income $98.9M ($4.24/sh), up 77% YoY; gross written premiums +25.5%
Kinsale Capital Group, Inc.
2024-Q1 EPS reported
$4.24
revenue$372,791,000
- Diluted EPS $4.24, up 76.7% YoY; net income $98.9M vs $55.8M.
- Gross written premiums $448.6M, +25.5% YoY, driven by strong submission flow and favorable pricing.
- Net investment income $32.9M, +59.1% YoY.
- Combined ratio 79.5% (loss ratio 58.8%, expense ratio 20.7%).
- Underwriting income $65.1M vs $51.6M; annualized operating ROE 28.9%.