Kinsale Capital Group, Inc. reported a strong financial performance for the fiscal year ended December 31, 2025, with gross written premiums reaching $1.977 billion, a 5.7% increase from $1.870 billion in 2024. The company’s net income rose to $503.6 million, up 21.4% from $414.8 million in the previous year. This growth was attributed to a combination of increased underwriting income, which rose by 19.4% to $389.2 million, and a significant increase in net investment income, which grew by 27.9% to $192.2 million. The company’s return on equity was reported at 29.3%, while the operating return on equity was 26.4%.
Kinsale's underwriting performance showed improvement, with a combined ratio of 75.9%, down from 76.4% in 2024, indicating effective management of underwriting expenses and claims. The loss ratio also improved slightly to 55.1% from 55.8% in the prior year, reflecting favorable development of loss reserves from previous accident years. The company processed approximately 988,000 new business submissions in 2025, binding 75,000 policies, which contributed to the overall growth in premiums.
Strategically, Kinsale has focused on expanding its presence in the excess and surplus lines (E&S) market, where it has established a market share of approximately 1.5%. The company has also made significant investments in technology to enhance its underwriting processes and improve operational efficiency. As of December 31, 2025, Kinsale employed 720 individuals, reflecting a commitment to maintaining a skilled workforce to support its growth objectives.
Looking ahead, Kinsale anticipates continued growth driven by favorable market conditions and its strategic focus on hard-to-place risks. The company has indicated that it is well-positioned to capitalize on opportunities within the E&S market, despite potential challenges such as increased competition and economic fluctuations. The management remains optimistic about maintaining strong underwriting profits and generating attractive returns for shareholders in the coming years.
About Kinsale Capital Group, Inc.
Kinsale Capital Group, Inc. is a specialty property and casualty insurer focusing on the U.S. excess and surplus lines market. It underwrites hard-to-place risks across various commercial and personal lines, leveraging proprietary technology for efficient underwriting, claims management, and data analysis. The company targets niche markets, maintains a strong balance sheet, and competes through expertise, technology, and disciplined risk management.
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