Kinsale Capital Q4 net income rises 27% on higher premiums

Kinsale Capital

12/02/2026 21:18

Overview

Specialty insurer's Q4 net income rose 27% to $138.6 mln, driven by higher premiums

Gross written premiums for Q4 increased 1.8% yr/yr to $451.1 mln

Company announced new $250 mln share repurchase authorization and increased dividend by 47.1%

Result Drivers

DISCIPLINED UNDERWRITING - CEO Michael P. Kehoe attributed exceptional profitability to disciplined underwriting and technology-enabled low costs

FAVORABLE RESERVE DEVELOPMENT - Favorable development of loss reserves from prior accident years contributed to increased underwriting income

HIGHER INVESTMENT INCOME - Net investment income rose 24.9% in Q4, driven by growth in the investment portfolio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gross Written Premiums
$451.12 mln
Q4 EPS
$5.99
Q4 Net Income
$138.62 mln
Q4 Combined Ratio
71.70%
Q4 Expense Ratio
21.60%
Q4 ROE
29.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for Kinsale Capital Group Inc is $450.00, about 11% above its February 11 closing price of $405.40

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw6746mSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)