Recent Updates — KNSL
Kinsale Capital Group announced that Executive Vice President and CFO Bryan P. Petrucelli will retire from his executive role effective March 2, 2027. In connection with this transition, the Board elected Mr. Petrucelli to the Board of Directors, increasing its size from nine to ten members. Christopher R. Tangard, currently Senior Vice President and Chief Accounting Officer, will succeed Mr. Petrucelli as CFO and Treasurer upon his retirement. Kinsale Capital Group operates in the specialty insurance sector, focusing on the excess and surplus lines market.
Kinsale Capital Group reported third-quarter 2026 net income of $98.1 million, or $4.36 per diluted share, compared to $141.6 million, or $6.09 per diluted share, in the prior-year period. Net operating earnings were $128.3 million, or $5.70 per diluted share. Gross written premiums decreased 4.8% to $462.9 million, while net earned premiums rose 3.0% to $423.5 million. Underwriting income was $107.1 million with a combined ratio of 75.4%. The quarter included a $37.6 million pre-tax realized loss on the sale of fixed-maturity securities due to portfolio repositioning and after-tax catastrophe losses of $1.7 million. Kinsale Capital Group is a specialty insurance group focusing on the excess and surplus lines market.
Kinsale Capital Group reported second quarter 2026 net income of $175.9 million, or $7.72 per diluted share, compared to $134.1 million, or $5.76 per diluted share, in the prior year period. The company announced an additional $250 million share repurchase authorization in July 2026. During the second quarter, the company declared and paid a cash dividend of $0.25 per share. Kinsale Capital Group is a specialty insurance group focusing on the excess and surplus lines market.