Kinsale Capital Group (KNSL) Tops Q2 EPS by 16c, Revenues Beat

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Kinsale Capital Group, Inc. Reports 2020 Second Quarter Results

July 30, 2020 4:04 PM EDT

RICHMOND, Va., July 30, 2020 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (NASDAQ: KNSL) reported net income of $30.3 million, $1.33 per diluted share, for the second quarter of 2020 compared to $13.8 million, $0.63 per diluted share, for the second quarter of 2019. Net income was $35.3 million, $1.56 per diluted share, for the first half of 2020 compared to $32.5 million, $1.49 per diluted share, for the first half of 2019.

Net operating earnings(1) were $19.1 million, $0.84 per diluted share, for the second quarter of 2020 compared to $12.4 million, $0.57 per diluted share, for the second quarter of 2019. Net operating earnings(1) were $36.4 million,... More