Every material Form 8-K Kinsale Capital filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kinsale Capital Group announced that its Board authorized a new share repurchase program of up to $250 million of common stock, following completion of a previously announced $100 million program. The company also amended its note purchase agreement and credit agreement to permit restricted payments, such as share repurchases, as long as no event of default has occurred or would result, which gives the company more flexibility to return capital to stockholders.
Board authorized repurchases of up to $250 million of outstanding common stock, announced December 11, 2025
New authorization follows completion of the previously announced $100 million repurchase program
Third Amendment to the Note Purchase Agreement with PGIM, Inc. and Amendment No. 3 to the Credit Agreement with JPMorgan Chase Bank, N.A. revise limits on restricted payments, which previously were capped at the greater of $300 million or 6
Repurchases may be made in the open market, in private transactions, or through accelerated share repurchase agreements, and the program may be modified, suspended or terminated at any time
Kinsale Capital Group's President and Chief Operating Officer Brian D. Haney will retire effective March 2, 2026, and was elected to the board on October 23, 2025, which expanded the board from nine to ten members. Michael P. Kehoe, Chairman and CEO, will take the added title of President upon Haney's retirement, and Stuart P. Winston was promoted to Executive Vice President, Chief Underwriting Officer.
Brian D. Haney notified the company of his retirement intent on October 17, 2025; retirement is effective March 2, 2026
Haney joined the board effective October 23, 2025 and will stand for re-election at the 2026 annual meeting, then begin a Senior Advisor consulting role focused on investor relations
Michael P. Kehoe, Chairman and CEO since 2009, will also become President effective March 2, 2026
Stuart P. Winston promoted to Executive Vice President, Chief Underwriting Officer; he joined the company in 2010
Kinsale Capital Group reported third-quarter 2025 net income of $141.6 million, or $6.09 per diluted share, up from $114.2 million, or $4.90 per share, a year earlier. Gross written premiums rose 8.4% to $486.3 million, but premiums in its largest division, Commercial Property, fell 7.9%, which the company attributed to lower rates and increased competition.
Q3 2025 net income was $141.6 million, or $6.09 per diluted share, versus $114.2 million, or $4.90, in Q3 2024.
Nine-month 2025 net income was $365.0 million, or $15.67 per diluted share, versus $305.7 million, or $13.10, a year earlier.
Q3 combined ratio was 74.9%, compared with 75.7% in Q3 2024; underwriting income was $105.7 million.
In Q3 the company repurchased 45,627 shares for a total of $20.0 million.
Kinsale Capital Group reported second-quarter 2025 net income of $134.1 million, or $5.76 per diluted share, up from $92.6 million, or $3.97 per share, a year earlier. Underwriting income rose to $95.5 million and gross written premiums grew 4.9%, but premiums in its largest division, Commercial Property, fell 16.8% on lower rates and competition, and the first-half annualized operating return on equity declined to 24.7% from 28.8%.
Q2 2025 net income $134.1 million ($5.76 per diluted share) vs. $92.6 million ($3.97) in Q2 2024; diluted operating earnings per share $4.78 vs. $3.75
Gross written premiums $555.5 million, up 4.9%; Commercial Property Division down 16.8% in the quarter, while other divisions rose 14.3%
Underwriting income $95.5 million with a combined ratio of 75.8%, vs. $76.1 million and 77.7% a year earlier
Company repurchased 23,309 shares in Q2 2025 at an average price of $429.02, for a total cost of $10.0 million
At its May 22, 2025 annual meeting, Kinsale Capital stockholders approved the 2025 Omnibus Incentive Plan and an amendment to the company's certificate of incorporation that updates the exculpation provision for certain officers. The filing also reports the election of nine directors and approval of the advisory vote on executive compensation, with the charter amendment effective on May 22, 2025. The votes are routine governance actions that set new equity compensation terms and officer liability protections for shareholders.
Plan approval: 16,476,141 votes for and 2,143,188 against the 2025 Omnibus Incentive Plan
Charter amendment: 16,321,108 votes for and 2,295,671 against, filed with Delaware and effective May 22, 2025
Nine directors elected, including Gregory M. Share with 17,704,807 votes for and 923,291 against
KPMG LLP ratified as independent registered public accounting firm for the fiscal year ending December 31, 2025
Kinsale Capital Group reported first-quarter 2025 net income of $89.2 million, or $3.83 per diluted share, down from $98.9 million, or $4.24, a year earlier. Net operating earnings, a non-GAAP measure that excludes investment fair-value changes and gains, rose to $3.71 per diluted share from $3.50, while gross written premiums grew 7.9% to $484.3 million, though the company cited about $17.8 million in after-tax catastrophe losses, mainly from the Palisades Fire.
Net income $89.2 million, $3.83 per diluted share, versus $98.9 million, $4.24 in Q1 2024
Diluted operating earnings per share $3.71, up 6.0% from $3.50
Gross written premiums rose 7.9% to $484.3 million; Commercial Property Division fell 18.4%
Combined ratio 82.1% versus 79.5%; after-tax catastrophe losses $17.8 million
Kinsale Capital Group said director James J. Ritchie will not seek re-election when his term ends at the 2025 Annual Meeting of Stockholders. The company said his decision did not involve any disagreement on operations, policies or practices. The Board expects to shrink from 10 to 9 directors effective on the date of that meeting.
James J. Ritchie informed the company on February 14, 2025 that he will not stand for re-election.
His term expires at the 2025 Annual Meeting of Stockholders.
The filing states his decision involved no disagreement with the company.
The Board anticipates reducing its size from 10 to 9 directors effective on the 2025 Annual Meeting date.
Kinsale Capital reported fourth-quarter 2024 net income of $109.1 million, or $4.68 per diluted share, up from $103.4 million, or $4.43, a year earlier. For full-year 2024, net income rose to $414.8 million, or $17.78 per diluted share, from $308.1 million, or $13.22, in 2023. The company also estimates about $25 million in pre-tax wildfire catastrophe losses, net of reinsurance, for the first quarter of 2025.
Q4 2024 net income $109.1 million, $4.68 per diluted share, vs. $103.4 million, $4.43 in Q4 2023
Full-year 2024 net income $414.8 million, $17.78 per diluted share, vs. $308.1 million, $13.22 in 2023
Q4 gross written premiums rose 12.2% to $443.3 million; combined ratio was 73.4% vs. 72.1% a year earlier
Estimated pre-tax wildfire catastrophe losses of about $25 million, net of reinsurance, expected in Q1 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kinsale Capital filing is on SEC EDGAR ↗. 8-K briefs of other companies →