STOCK TITAN

Kinsale Capital Group, Inc. - KNSL STOCK NEWS

Welcome to our dedicated page for Kinsale Capital Group news (Ticker: KNSL), a resource for investors and traders seeking the latest updates and insights on Kinsale Capital Group stock.

Kinsale Capital Group, Inc. (symbol: KNSL) is a prominent provider of casualty and property insurance products in the United States. Founded in 2009 and based in Richmond, Virginia, the company has established itself as a significant player in the insurance industry. Kinsale Capital Group operates in a specialized market, focusing on the Excess and Surplus Lines Insurance segment. This segment includes commercial excess and surplus lines liability and property insurance products offered through its various underwriting divisions.

Core Business

Kinsale's commercial lines offerings are extensive and diverse. The company's insurance products cover a wide range of sectors, including construction, small business, energy, excess and general casualty, life sciences, allied health, healthcare, commercial property, environmental, public entity, inland marine, homeowners, and commercial insurance. Additionally, Kinsale provides product, professional, and management liability insurance.

Business Operations

The company markets and sells its insurance products through a network of insurance brokers. This method allows Kinsale to efficiently reach a broad client base while maintaining strong relationships with its brokers. The company's revenue streams are primarily derived from premiums and investment income.

Recent Achievements and Current Projects

Kinsale Capital Group has consistently demonstrated financial stability and growth. The company has been recognized for its innovative approach to underwriting and risk management. Recent projects include expanding its product offerings and entering new markets to better serve its clients. These initiatives have positioned Kinsale as a forward-thinking company poised for continued success.

Partnerships and Collaborations

Kinsale collaborates with various insurance brokers and industry partners to deliver high-quality insurance products. These partnerships are essential for the company's growth and help ensure that Kinsale remains competitive in the ever-evolving insurance landscape.

Kinsale Capital Group's commitment to excellence, innovation, and customer service makes it a noteworthy entity in the insurance sector. Investors and stakeholders can find the latest updates and pertinent information on the company's performance, events, and developments through various news sources and company announcements.

Rhea-AI Summary

Kinsale Capital Group (NYSE: KNSL) announced the release of its financial results for Q2 2024 on July 25, 2024, after market close. The Company will hold a conference call on July 26, 2024, at 9:00 a.m. ET to discuss the results with analysts and investors. Interested parties can access the call via phone or through the Kinsale Capital Group website. A replay of the conference call will be available online until August 23, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
conferences earnings
-
Rhea-AI Summary

Kinsale Capital Group (NYSE: KNSL) has announced a quarterly cash dividend of $0.15 per share of common stock.

This dividend will be payable on June 13, 2024, to shareholders who are on record by the end of business on May 31, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
dividends
-
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) reported strong first quarter 2024 results with net income of $98.9 million, $4.24 per diluted share, a significant increase from the first quarter of 2023. Gross written premiums rose by 25.5% to $448.6 million, while net investment income increased by 59.1% to $32.9 million. Underwriting income was $65.1 million, resulting in a combined ratio of 79.5%. The company's annualized operating return on equity was 28.9%. Overall, Kinsale continues to deliver best-in-class returns, driven by underwriting and technological advantages, and favorable market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.31%
Tags
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) will release Q1 2024 financial results on April 25, 2024, with a conference call scheduled for April 26, 2024. Investors can access the call via phone or website, with a replay available until May 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
-
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) reported strong financial performance with net income of $103.4 million in Q4 2023, up 53.7% from Q4 2022. For the full year 2023, net income was $308.1 million, a 93.6% increase from 2022. The company experienced growth in gross written premiums, net investment income, and underwriting income, resulting in a combined ratio of 72.1% in Q4 2023 and 75.4% for the full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.42%
Tags
none
-
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) declares a cash dividend of $0.15 per share of common stock, payable on March 13, 2024, to stockholders of record as of February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
Tags
dividends
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) will release financial results for Q4 2023 on February 15, 2024. The conference call to discuss the results will be on February 16, 2024. The release will be available on the company's website. Investors can access the call via phone or internet. A replay will be available on the website until March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
-
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) announces changes to its Board of Directors and management structure, appointing Michael P. Kehoe as Chairman of the Board, with Brian D. Haney succeeding Kehoe as President. Robert Lippincott, III, has been appointed Lead Independent Director. The Company also promotes Stuart P. Winston to Senior Vice President and Chief Underwriting Officer, and Patrick L. Dalton to Senior Vice President and Chief Business Development Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
management
-
Rhea-AI Summary
Kinsale Capital Group, Inc. (NYSE: KNSL) Declares $0.14 Cash Dividend per Share; Payable on December 13, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
dividends
Rhea-AI Summary
Kinsale Capital Group reports strong financial results for Q3 2023, with net income of $76.1 million and gross written premiums increasing by 33%. President and CEO, Michael P. Kehoe, expresses confidence in the company's growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.56%
Tags

FAQ

What does Kinsale Capital Group, Inc. do?

Kinsale Capital Group, Inc. provides casualty and property insurance products through its Excess and Surplus Lines Insurance segment.

When was Kinsale Capital Group, Inc. founded?

Kinsale Capital Group, Inc. was founded in 2009.

Where is Kinsale Capital Group, Inc. based?

Kinsale Capital Group, Inc. is based in Richmond, Virginia.

What types of insurance products does Kinsale offer?

Kinsale offers a range of insurance products including construction, small business, energy, life sciences, healthcare, commercial property, environmental, and more.

How does Kinsale Capital Group, Inc. generate revenue?

Kinsale generates revenue primarily through premiums and investment income.

Who sells Kinsale's insurance products?

Kinsale sells its insurance products through a network of insurance brokers.

What is the main business segment of Kinsale Capital Group, Inc.?

The main business segment of Kinsale is the Excess and Surplus Lines Insurance segment.

Has Kinsale Capital Group, Inc. received any industry recognition?

Yes, Kinsale has been recognized for its innovative approach to underwriting and risk management.

What recent projects has Kinsale Capital Group, Inc. undertaken?

Recent projects include expanding product offerings and entering new markets to better serve clients.

How does Kinsale Capital Group, Inc. maintain its competitive edge?

Kinsale maintains a competitive edge through strong partnerships with insurance brokers and focusing on innovation and customer service.

Kinsale Capital Group, Inc.

NYSE:KNSL

KNSL Rankings

KNSL Stock Data

8.73B
23.28M
5.65%
86.68%
5.71%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
RICHMOND