Kinsale Capital Group (KNSL) Tops Q4 EPS by 48c
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Kinsale Capital Group, Inc. Reports 2023 Fourth Quarter and Year-End Results
February 15, 2024 4:07 PM ESTRICHMOND, Va.--(BUSINESS WIRE)-- Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $103.4 million, $4.43 per diluted share, for the fourth quarter of 2023 compared to $67.2 million, $2.90 per diluted share, for the fourth quarter of 2022. Net income was $308.1 million, $13.22 per diluted share, for the year ended December 31, 2023 compared to $159.1 million, $6.88 per diluted share, for the year ended December 31, 2022. For both the fourth quarters of 2023 and 2022, the impact on net income related to catastrophes was negligible. For the years ended December 31, 2023 and 2022, net income included after-tax catastrophe losses of $3.6 million and $21.0 million, respectively.
Net operating... More
