Company: KNSL
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001669162-25-000058
Chunk: 77

Company: Kinsale Capital Group, Inc.
Filing Date: 2025-10-23
Form: 10-Q
Item: Item 8
Chunk 77
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Table of Contents

The following tables present the balances of assets measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024, by level within the fair value hierarchy:September 30, 2025Level 1Level 2Level 3Total(in thousands)AssetsFixed-maturity securities:U.S. Treasury securities and obligations of U.S. government agencies$7,683 $— $— $7,683 Obligations of states, municipalities and political subdivisions— 130,959 — 130,959 Corporate and other securities— 1,934,872 — 1,934,872 Asset-backed securities— 708,404 — 708,404 Residential mortgage-backed securities— 998,689 — 998,689 Commercial mortgage-backed securities— 390,631 — 390,631 Total fixed-maturity securities7,683 4,163,555 — 4,171,238 Equity securities:Exchange-traded funds161,442 — — 161,442 Non-redeemable preferred stock— 24,022 — 24,022 Common stocks385,659 — — 385,659 Total equity securities547,101 24,022 — 571,123 Short-term investments10,932 — — 10,932 Total$565,716 $4,187,577 $— $4,753,293 

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Table of Contents

December 31, 2024Level 1Level 2Level 3Total(in thousands)AssetsFixed-maturity securities:U.S. Treasury securities and obligations of U.S. government agencies$15,048 $— $— $15,048 Obligations of states, municipalities and political subdivisions— 146,304 — 146,304 Corporate and other securities— 1,989,490 — 1,989,490 Asset-backed securities— 732,742 — 732,742 Residential mortgage-backed securities— 448,874 — 448,874 Commercial mortgage-backed securities— 205,105 — 205,105 Total fixed-maturity securities15,048 3,522,515 — 3,537,563 Equity securities:Exchange-traded funds129,731