earnings
confidence high
sentiment positive
materiality 0.75
Kinsale Capital Q4 net income $109.1M ($4.68), gross premiums +12.2% to $443M; full-year EPS up 34.5%
Kinsale Capital Group, Inc.
2024-FY EPS reported
$17.78
revenue$1,587,525,000
- Q4 net income $109.1M ($4.68 diluted EPS) vs $103.4M ($4.43) a year ago; net operating earnings $107.8M ($4.62) vs $90.3M ($3.87).
- Gross written premiums Q4 $443.3M (+12.2% YoY); full-year $1.87B (+19.2% YoY).
- Q4 combined ratio 73.4% (incl. 2.2 pts from Hurricane Milton catastrophe losses) vs 72.1% in Q4 2023.
- Net investment income Q4 $41.9M (+37.8% YoY); full-year $150.3M (+46.9% YoY).
- Full-year operating return on equity 29.2%; underwriting income $325.9M vs $270.4M in 2023.