Company: KNSL
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001669162-25-000043
Chunk: 4

Company: Kinsale Capital Group, Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Item 1
Chunk 4
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,000 shares authorized, 23,368,407 and 23,299,124 shares issued and outstanding at June 30, 2025; 23,294,783 and 23,272,157 shares issued and outstanding at December 31, 2024234 233 Additional paid-in capital364,138 361,398 Retained earnings1,444,571 1,229,136 Accumulated other comprehensive loss(56,371)(97,206)Treasury stock, at cost (69,283 shares – 2025, 22,626 – 2024)(29,999)(10,000)Total stockholders’ equity1,722,573 1,483,561 Total liabilities and stockholders’ equity$5,556,526 $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 June 30,Six Months Ended June 30,2025202420252024(in thousands, except per share data)Revenues:Gross written premiums$555,522 $529,770 $1,039,797 $978,414 Ceded written premiums(96,822)(99,534)(199,392)(197,124)Net written premiums458,700 430,236 840,405 781,290 Change in unearned premiums(75,087)(97,775)(91,002)(139,311)Net earned premiums383,613 332,461 749,403 641,979 Fee income10,796 8,991 20,355 17,083 Net investment income46,473 35,847 90,292 68,780 Change in the fair value of equity securities28,621 3,159 31,659 21,212 Net realized investment gains136 2,879 673 6,745 Change in allowance for credit losses on investments5 476 (15)486 Other income170 740 844 1,059 Total revenues469,814 384,553 893,211 757,344 Expenses:Losses and loss adjustment expenses217,359 193,325 450,335 380,111 Underwriting, acquisition and insurance