earnings
confidence high
sentiment positive
materiality 0.70
Kinsale Q2 EPS $3.97 (+27% YoY); gross written premiums $529.8M (+20.9%)
Kinsale Capital Group, Inc.
2024-Q2 EPS reported
$8.21
revenue$757,344,000
- Net income $92.6M ($3.97/diluted share) vs $72.8M ($3.12) in Q2 2023.
- Gross written premiums rose 20.9% to $529.8M; net earned premiums $332.5M.
- Combined ratio of 77.7% vs 76.7% a year ago; underwriting income $76.1M.
- Net investment income surged 48.3% to $35.8M.
- Annualized operating return on equity was 28.8% for H1 2024.