earnings
confidence high
sentiment positive
materiality 0.80
Kinsale Q3 net income $114.2M ($4.90 EPS), gross written premiums up 18.8% YoY
Kinsale Capital Group, Inc.
2024-Q3 EPS reported
$13.10
revenue$1,175,402,000
- Net income $114.2M ($4.90 diluted EPS) vs $76.1M ($3.26) YoY, up 50%.
- Gross written premiums $448.6M (+18.8% YoY); net investment income $39.6M (+46.4%).
- Combined ratio 75.7% (including 3.8 pts catastrophe losses) vs 74.8% prior year.
- Net operating earnings $97.9M ($4.20 diluted) vs $77.2M ($3.31), up 26.9%.
- Annualized operating ROE 28.2% for nine months 2024.