Company: KNSL
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001669162-25-000058
Chunk: 4

Company: Kinsale Capital Group, Inc.
Filing Date: 2025-10-23
Form: 10-Q
Item: Item 1
Chunk 4
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000,000 shares authorized, 23,376,270 and 23,261,360 shares issued and outstanding at September 30, 2025; 23,294,783 and 23,272,157 shares issued and outstanding at December 31, 2024234 233 Additional paid-in capital368,963 361,398 Retained earnings1,582,259 1,229,136 Accumulated other comprehensive loss(36,240)(97,206)Treasury stock, at cost (114,910 shares – 2025, 22,626 – 2024)(49,999)(10,000)Total stockholders’ equity1,865,217 1,483,561 Total liabilities and stockholders’ equity$5,833,305 $4,886,704 

See accompanying notes to condensed consolidated financial statements.

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Table of Contents

KINSALE CAPITAL GROUP, INC. AND SUBSIDIARIES

Consolidated Statements of Income and Comprehensive Income (Unaudited)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(in thousands, except per share data)Revenues:Gross written premiums$486,251 $448,646 $1,526,048 $1,427,060 Ceded written premiums(81,191)(98,709)(280,583)(295,833)Net written premiums405,060 349,937 1,245,465 1,131,227 Change in unearned premiums5,897 (1,185)(85,105)(140,496)Net earned premiums410,957 348,752 1,160,360 990,731 Fee income10,300 8,489 30,655 25,572 Net investment income49,604 39,644 139,896 108,424 Change in the fair value of equity securities23,717 20,659 55,376 41,871 Net realized investment gains (losses)2,159 (8)2,832 6,737 Change in allowance for credit losses on investments4 4 (11)490 Other income764 518 1,608 1,577 Total revenues497,505 418,058 1,390,716 1,175,402 Expenses:Losses and loss adjustment expenses