As previously reported, Wells Fargo analyst Hristian Getsov downgraded Kinsale Capital (KNSL) to Equal Weight from Overweight with a price target of $357, down from $420. The firm is reducing gross written premium growth to flat for 2026 as property drag to persist plus growing risk on casualty. Wells expects premium mix shift away from commercial property vs rest of book around $11k / per policy in force to keep growth muted.
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Read More on KNSL:
- Kinsale Capital downgraded to Equal Weight from Overweight at Wells Fargo
- Kinsale Capital Earnings Call Highlights Profitable Discipline
- Balancing Strong Current Results Against Margin Pressures: Rationale for a Hold Rating on Kinsale
- Kinsale Capital price target lowered to $405 from $450 at Truist
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