Kinsale Capital Group Q1 net income rises to $112.6 million, $4.88 per diluted share
Kinsale Capital Group reported first-quarter 2026 net income of $112.6 million, or $4.88 per diluted share, up from $89.2 million, or $3.83 per share, a year earlier. Underwriting profitability improved, with the combined ratio falling to 77.4% from 82.1%, while gross written premiums declined 0.5% because of a 28.3% drop in the Commercial Property Division.
Key points
- Net income was $112.6 million, or $4.88 per diluted share, versus $89.2 million, or $3.83, in Q1 2025.
- Net operating earnings were $117.8 million, or $5.11 per diluted share, versus $86.4 million, or $3.71, in Q1 2025.
- Gross written premiums fell 0.5% to $482.0 million, driven by a 28.3% decline in the Commercial Property Division; excluding that division, they rose 6.0%.
- Combined ratio improved to 77.4% from 82.1%; after-tax catastrophe losses were $1.3 million in Q1 2026 versus $17.8 million in Q1 2025.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.