Company: KNSL
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001669162-25-000010
Chunk: 142

Company: Kinsale Capital Group, Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 142
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2,051 61,791 1,376 Total$293,760 Cumulative Paid Claims and Allocated Claim Adjustment Expenses, Net of ReinsuranceFor the Years Ended December 31,Accident Year2020Unaudited2021Unaudited2022Unaudited2023Unaudited2024($ in thousands)2020$19,897 $30,321 $31,765 $35,023 $41,696 202114,268 21,257 27,324 30,200 202233,004 46,965 48,030 202320,267 26,434 202431,303 Total177,663 All outstanding liabilities before 2020, net of reinsurance15 Liabilities for claims and claim adjustment expenses, net of reinsurance$116,112 

92

Historical Claims DurationThe following is supplementary information about average historical claims duration as of December 31, 2024:Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance(Unaudited)Years12345Property43.9 %21.1 %8.2 %8.4 %15.8 %Casualty - Claims MadeIncurred Claims and Claim Adjustment Expenses, Net of ReinsuranceFor the Years Ended December 31,As of December 31, 2024Accident Year2015Unaudited2016Unaudited2017Unaudited2018Unaudited2019Unaudited2020Unaudited2021Unaudited2022Unaudited2023Unaudited2024Total of IBNR Liabilities Plus Expected Development on Reported ClaimsCumulative Number of Reported Claims($ in thousands)2015$18,883 $16,777 $14,896 $13,583 $13,942 $13,548 $13,414 $13,066 $12,759 $12,679 $20 260 201619,170 14,693 14,675 14,322 13,583 13,602 13,228 12,707 12,703 12 312 201718,116 17,097 16,120 15,794 14,989 13,698 13,471 12,840 39 372 201822,429 20,234 18,612 17,057