Kinsale Capital Q2 earnings beat estimates on higher underwriting and investment income

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Kinsale Capital Group reported second-quarter 2026 net operating earnings of $5.54 per share, beating the Zacks Consensus Estimate by 8.6% and rising 15.9% year over year. Operating revenues increased 16.8% to $548.5 million, surpassing estimates by 12.3%, driven by growth in net earned premiums and net investment income, which rose 19.9% to $55.7 million. Underwriting income climbed 10.5% to $105.4 million, and the combined ratio improved 30 basis points to 75.5, better than the consensus of 78.6. Gross written premiums fell 5% to $527.6 million, primarily due to a 32.7% decline in the Commercial Property Division. The company repurchased 0.3 million shares for $100 million and its board approved an additional $250 million buyback authorization, bringing remaining capacity to $337.5 million.

Impact on stocks 4

Financials · 2 stocks
Kinsale Capital Group Inc
KNSL
▲ PositiveCapitalrelevance

Q2 earnings beat estimates, underwriting income up, combined ratio improved, and $250M buyback authorized.

Climate Adaptation & Water · 2 stocks