Welcome to our dedicated page for Kestrel Group SEC filings (Ticker: KG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Kestrel Group Ltd (NASDAQ: KG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Bermuda-based specialty insurance platform focused on fronting services and legacy reinsurance, Kestrel uses its SEC reports to describe its financial condition, segment performance, risk factors, and significant events affecting its business.
Through this page, users can review current reports on Form 8-K that cover topics such as quarterly financial results and material events. For example, Kestrel has filed 8-Ks announcing its third quarter results, outlining total revenues, net premiums earned, program services fee income, and book value per share, as well as describing its balance sheet-light, fee revenue model and the run-off of legacy Maiden portfolios. Other 8-K filings discuss arbitration involving a subsidiary of Genesis Legacy Solutions, Inc. under a reinsurance agreement that provides reinsurance premium protection and adverse development coverage, and litigation developments related to Maiden Holdings, Ltd.
In addition to 8-Ks, investors can consult quarterly reports on Form 10-Q and other periodic filings referenced in Kestrel’s press releases for more detailed segment information, including the Program Services and Legacy Reinsurance segments, underwriting results, investment income, and reserve movements. These filings also contain discussions of risk factors such as dependence on capacity providers, regulatory scrutiny of fronting arrangements, reinsurance availability, and exposure to changes in financial markets.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping users quickly understand segment performance, material legal or arbitration matters, and important financial metrics without reading every line. Real-time updates from EDGAR, along with access to insider and other relevant filings when available, make this page a practical starting point for analyzing KG’s regulatory disclosures.
Kestrel Group Ltd has entered into an amended and restated employment agreement with its President and Chief Financial Officer, Patrick Haveron. The agreement runs through May 1, 2028 and then automatically renews for five-year terms unless either side gives 90 days’ notice.
Mr. Haveron’s annual base salary remains $950,000, with eligibility for an annual bonus of up to 100% of base salary, long‑term incentives, and customary executive benefits. If he is terminated without cause or resigns for good reason, he is entitled to base salary for the remainder of the term and a pro‑rated bonus, subject to signing a release. Death or disability triggers six months of salary and a pro‑rated bonus, while non‑renewal by the company leads to three months of salary.
The agreement includes confidentiality, non‑competition and non‑solicitation covenants that apply during employment and for up to two years after, as well as indemnification and D&O insurance protections. Payments potentially subject to excise tax are capped or paid in full based on whichever outcome leaves him in a better after‑tax position, without any tax gross‑up from the company.
Talkot Capital, LLC and related Akin entities filed a Schedule 13G reporting beneficial ownership of 789,472 shares of Kestrel Group Ltd common stock, or 10.2% of the outstanding shares. This stake is calculated using 7,741,943 common shares outstanding as of November 3, 2025, as disclosed in Kestrel’s Form 10-Q.
The filing explains that Talkot Capital serves as investment adviser to several pooled investment vehicles that hold the stock, and that these vehicles, along with Thomas B. Akin, Talkot Fund, Talkot Partners V, the Akin Family Foundation, the James H. Akin Trust, and Karen Hochster collectively beneficially own the reported shares. The filers certify the holdings were not acquired to change or influence control of Kestrel Group.
Kestrel Group Ltd (KG) announced that its subsidiary Genesis Legacy Solutions, Inc. is in arbitration with a ceding company over a reinsurance agreement that includes reinsurance premium protection coverage with aggregate limits of approximately
GLS has paid net losses of
Kestrel Group Ltd (KG)Q3 2025, total revenue was $17.4 million, driven by $6.8 million in net premiums earned, $1.6 million in fee revenue, and $3.5 million of net investment income, alongside $5.5 million of realized and unrealized gains. The company posted a net loss of $5.1 million (EPS −$0.65), reflecting higher operating and interest expenses.
Year‑to‑date through September 30, Kestrel recorded net income of $64.5 million (EPS $12.70), primarily due to a $73.6 million bargain purchase gain recognized in the Maiden combination. The balance sheet shows $1.13 billion in assets, $986.7 million in liabilities, and $143.8 million in shareholders’ equity, including $414.3 million of investments and $492.8 million of reinsurance recoverables. Senior notes, net, totaled $174.1 million.
Operating cash flow for the nine months was $(30.4) million, offset by $104.4 million provided by investing activities; the company also paid $40.0 million in dividends to equityholders. As of November 3, 2025, 7,741,943 common shares were outstanding; affiliated shares of 2,237,534 are treated as treasury shares for per‑share metrics.
Kestrel Group Ltd reported third-quarter 2025 results. Total revenues were $17.4 million, driven by net premiums earned of $6.8 million and investment income and gains, while the company recorded a net loss of $5.1 million.
Legacy Reinsurance posted a $9.0 million underwriting loss, including approximately $6.9 million adverse prior period loss development in AmTrust lines and a $3.6 million reduction under the LPT/ADC Agreement, partly offset by favorable development in Workers’ Compensation and other lines. Program Services generated $1.6 million in fee revenue and $1.0 million in net fee income as Kestrel continues to build a fee-based platform.
Investment activities contributed $9.0 million (net investment income $3.5 million; realized and unrealized gains $5.5 million), and foreign exchange and other gains were $2.9 million. General and administrative expenses were $10.8 million, including $1.9 million of one-time items. Total assets were $1.1 billion and shareholders’ equity was $143.8 million. Book value per common share was $18.57 as of September 30, 2025. NOL carryforwards totaled $446.6 million.
Michael J. Hotchkiss, a director of Kestrel Group Ltd (KG), received 2,337 restricted common shares on 09/05/2025 under the 2025 Equity Incentive Plan. The grant price is shown as $0 and the shares are reported as directly owned by Mr. Hotchkiss following the transaction. The restricted shares vest 100% on the first anniversary of the grant date, meaning they will vest on 09/05/2026 if vesting conditions are met. The Form 4 was signed and dated by the reporting person on 09/09/2025.
Kestrel Group Ltd (KG) director Joseph Brecher was granted 2,337 restricted common shares on 09/05/2025 under the companys 2025 Equity Incentive Plan. The restricted shares carry a $0 purchase price and are scheduled to vest 100% on the first anniversary of the grant date, meaning they become fully owned by the reporting person on 09/05/2026 if vesting conditions are met. Following this grant, Brecher beneficially owns 7,837 common shares in total. The Form 4 was signed by Joseph Brecher on 09/09/2025 and does not report any derivative transactions.
Erik G. Cohen, a director of Kestrel Group Ltd (KG), reported receiving 2,337 restricted common shares on 09/05/2025 under the 2025 Equity Incentive Plan. The shares were granted with a $0 purchase price and are scheduled to vest 100% on the first anniversary of the grant date. Following the grant, Mr. Cohen beneficially owns 2,337 common shares in a direct ownership form. The Form 4 was signed by Mr. Cohen on 09/09/2025.
Steven H. Nigro, a director of Kestrel Group Ltd (KG), was granted 2,337 restricted common shares on 09/05/2025. The grant price was $0 and the reporting person beneficially owns 16,337 common shares after the transaction. The restricted shares were awarded under the companys 2025 Equity Incentive Plan and are scheduled to vest 100% on the first anniversary of the grant date. The Form 4 was signed by Steven H. Nigro on 09/09/2025, indicating timely disclosure of the change in beneficial ownership.
Jeffrey Weissmann, a director of Kestrel Group Ltd (KG), was granted 2,337 restricted common shares on 09/05/2025 under the 2025 Equity Incentive Plan. The shares were issued at a $0 price and are scheduled to vest 100% on the first anniversary of the grant date, meaning Weissmann will own 2,337 shares directly after the grant. The Form 4 was signed on 09/09/2025 and reports the transaction as a non-derivative acquisition by a reporting person who is a director.