Kinsale Capital Group (KNSL) Tops Q1 EPS by 11c
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Kinsale Capital Group, Inc. Reports 2022 First Quarter Results
April 28, 2022 4:15 PM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $31.8 million, $1.38 per diluted share, for the first quarter of 2022 compared to $32.1 million, $1.39 per diluted share, for the first quarter of 2021. Net operating earnings(1) were $37.7 million, $1.63 per diluted share, for the first quarter of 2022 compared to $25.5 million, $1.11 per diluted share, for the first quarter of 2021.
Highlights for the quarter included:
Net income decreased by 0.9% resulting from a decline in the fair value of equity investments during the quarter compared to an... More