Company: KNSL
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001669162-25-000058
Chunk: 73

Company: Kinsale Capital Group, Inc.
Filing Date: 2025-10-23
Form: 10-Q
Item: Item 8
Chunk 73
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 Company’s fixed-maturity securities made expected coupon payments under the contractual terms of the securities. 

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Table of Contents

December 31, 2024Less than 12 Months12 Months or LongerTotalEstimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized Losses(in thousands)Fixed-maturity securities:U.S. Treasury securities and obligations of U.S. government agencies$838 $(13)$14,210 $(404)$15,048 $(417)Obligations of states, municipalities and political subdivisions27,049 (417)114,620 (22,216)141,669 (22,633)Corporate and other securities667,645 (9,139)493,598 (44,499)1,161,243 (53,638)Asset-backed securities121,371 (943)24,656 (579)146,027 (1,522)Residential mortgage-backed securities144,955 (1,934)237,514 (52,060)382,469 (53,994)Commercial mortgage-backed securities92,024 (960)53,812 (3,878)145,836 (4,838)Total fixed-maturity securities$1,053,882 $(13,406)$938,410 $(123,636)$1,992,292 $(137,042)Contractual maturities of available-for-sale fixed-maturity securitiesThe amortized cost and estimated fair value of available-for-sale fixed-maturity securities at September 30, 2025 are summarized, by contractual maturity, as follows:September 30, 2025AmortizedEstimatedCostFair Value(in thousands)Due in one year or less$72,658 $72,117 Due after one year through five years1,105,725 1,115,674 Due after five years through ten years680,913 686,974 Due after ten years233,446 198,749 Asset-backed securities700,855 708,404 Residential mortgage-backed securities1,036,483 998,689 Commercial mortgage-backed securities389,465 390,631 Total fixed-maturity securities $4,219,545 $4,171,238 Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without