Welcome to our dedicated page for Kinsale Capital news (Ticker: KNSL), a resource for investors and traders seeking the latest updates and insights on Kinsale Capital stock.
Kinsale Capital Group Inc. (KNSL) delivers specialty insurance solutions through disciplined underwriting in the excess and surplus lines market. This news hub provides investors and industry professionals with centralized access to official company developments and market-moving information.
Track all KNSL press releases, regulatory filings, and news coverage related to underwriting strategies, product expansions, and financial performance. Our curated feed includes earnings announcements, leadership updates, and analyses of emerging risks in specialty insurance sectors like healthcare, construction, and environmental liability.
Key updates cover broker network developments, claims management innovations, and capital allocation decisions. Bookmark this page for real-time access to Kinsale's operational milestones and strategic initiatives in the non-admitted insurance market.
Kinsale Capital Group (NYSE: KNSL) has announced a cash dividend of $0.15 per share of common stock. The dividend will be payable on September 12, 2024 to stockholders of record at the close of business on August 29, 2024. This announcement demonstrates Kinsale's commitment to returning value to its shareholders through regular dividend payments. The declaration of dividends is typically seen as a positive sign of a company's financial health and confidence in its future prospects.
Kinsale Capital Group (NYSE: KNSL) reported strong Q2 2024 results, with net income of $92.6 million ($3.97 per diluted share), up from $72.8 million ($3.12 per diluted share) in Q2 2023. Key highlights include:
- Gross written premiums increased by 20.9% to $529.8 million
- Net investment income rose 48.3% to $35.8 million
- Underwriting income was $76.1 million, with a combined ratio of 77.7%
- Annualized operating return on equity was 28.8% for H1 2024
The company's growth was driven by strong submission flow from brokers and a favorable pricing environment. Kinsale's investment portfolio had an annualized gross investment return of 4.3% for H1 2024, with a conservative approach and an average credit quality of "AA-".
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.
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.
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