Kinsale Capital Group Inc

Latest Results (13.11.2025):

Kinsale Capital Group Inc’s fourth quarter 2024 report underscores a period of solid financial performance with key improvements over the previous year. The company reported net income of $109.1 million, or $4.68 per diluted share for Q4 2024, compared to $103.4 million, or $4.43 per share in Q4 2023. For the full year 2024, net income climbed to $414.8 million, or $17.78 per diluted share, up significantly from $308.1 million, or $13.22 per share in 2023. These results were supported by substantial increases in net operating earnings, underwriting income, and growth in gross written premiums and net investment income despite modest catastrophe loss impacts.

Q4 2024 Financial Results

Kinsale Capital Group Inc’s Q4 2024 net income reached $109.1 million, boosting diluted earnings per share by 5.6% year-over-year. Net operating earnings improved to $107.8 million, or $4.62 per diluted share, marking an increase of 19.4% relative to Q4 2023. Underwriting income was $97.9 million with a combined ratio of 73.4%, while gross written premiums grew by 12.2% to $443.3 million. Additionally, net investment income soared by 37.8% to $41.9 million, even with the impact of $6.2 million in after-tax catastrophe losses during the quarter.

Full Year 2024 Highlights

For the full year ended December 31, 2024, Kinsale Capital Group Inc achieved net income of $414.8 million and displayed strong overall business momentum. Diluted earnings per share increased by 34.5% compared to 2023. The company enhanced its underwriting performance, with underwriting income reaching $325.9 million and a combined ratio of 76.4%. Gross written premiums rose by 19.2% to $1.9 billion, and net investment income advanced by 46.9% to $150.3 million. Moreover, an operating return on equity of 29.2% further underscores the company’s disciplined growth and efficient cost management throughout 2024.