Kinsale Capital Group (KNSL) Tops Q1 EPS by 19c

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Go back to Kinsale Capital Group (KNSL) Tops Q1 EPS by 19c

Kinsale Capital Group Reports First Quarter 2023 Results

April 27, 2023 4:10 PM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $55.8 million, $2.40 per diluted share, for the first quarter of 2023 compared to $31.8 million, $1.38 per diluted share, for the first quarter of 2022. Net operating earnings(1) were $56.8 million, $2.44 per diluted share, for the first quarter of 2023 compared to $37.7 million, $1.63 per diluted share, for the first quarter of 2022.

Highlights for the quarter included:

Net income increased by 75.5% compared to the first quarter of 2022 Net operating earnings(1) of $56.8 million increased by 50.6% compared to the first quarter of... More