Kinsale Capital Group (KNSL) Tops Q1 EPS by 16c

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Kinsale Capital Group Reports First Quarter 2024 Results

April 25, 2024 4:10 PM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $98.9 million, $4.24 per diluted share, for the first quarter of 2024 compared to $55.8 million, $2.40 per diluted share, for the first quarter of 2023. Net operating earnings(1) were $81.6 million, $3.50 per diluted share, for the first quarter of 2024 compared to $56.8 million, $2.44 per diluted share, for the first quarter of 2023.

Highlights for the quarter included:

Diluted earnings per share increased by 76.7% to $4.24 compared to the first quarter of 2023 Diluted operating earnings(1) per share increased by 43.4% to $3.50 compared to the first... More