EarningsKinsale has produced meaningful EPS beats versus consensus expectations in each of the last seven quarters, which speaks to the strength of Kinsale’s operating model.
Financial PerformanceKinsale continues to deliver EPS growth and margin results that are significantly ahead of the overall industry.
Investment IncomeThe CFO noted that the company has $3.0 billion in cash and investments from its float of reserves and unearned premiums, with a new money yield of 5.0% driving net investment income, which advanced 25% in the third quarter.