Kinsale Capital Group, Inc. (KNSL) Stock

Kinsale Capital Group, Inc. (KNSL) is a Financials stock trading at $383.46 (as of 2026-08-21), with a market capitalization of $8.73B and a trailing P/E of 16.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Kinsale Capital Group, Inc., a specialty insurance company, provides property and casualty insurance products in the United States. The company's commercial lines offerings include construction, small business, excess and general casualty, commercial property, allied health, life sciences, energy, environmental, health care, inland marine, public entity, and commercial insurance, as well as product, professional, and management liability insurance. It markets and sells its insurance products in all 50 states, the District of Columbia, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands primarily through a network of independent insurance brokers. The company was founded in 2009 and is headquartered in Richmond, Virginia.

Understand Kinsale Capital Group, Inc.: how it makes money

Kinsale Capital Group sells specialty property and casualty insurance and related liability products to businesses and individuals across the United States, generating money primarily from insurance premiums collected through underwriting.

Underwriting profitability is the core profit engine, it is summarized by the Combined Ratio (Loss and Expense), which reflects losses plus expenses against premium.

Business quality (Strong): In the latest quarter, the company reported a Combined Ratio (Loss and Expense) of 77.4%, supported by a 56.3% Loss Ratio and a 21.1% Expense Ratio, with Business Retention (Renewal Dollars) at 65.0%, but the underwriting picture also included catastrophe losses (3.8 points) and net favorable prior year loss reserve development (5.9 points), which can be volatile.

Valuation: At 14× earnings, KNSL trades in line with the Insurance average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Strong underwriting performance in the quarter: Combined Ratio (Loss and Expense) was 77.4%, with Loss Ratio at 56.3% and Expense Ratio at 21.1%.
  • Retention supported premium flow: Business Retention (Renewal Dollars) was 65.0%.
  • Prior year results added uplift: Net favorable prior year loss reserve development was 5.9 points in the combined ratio, and Favorable Development of Loss Reserves from Prior Accident Years was 0.01 USD_B.

Bear case

  • Catastrophe exposure can pressure results: Catastrophe Losses added 3.8 points in the combined ratio (and Net Catastrophe Losses (Points Included in Loss Ratio) were 3.8%).
  • Reserve development may not repeat: Net favorable prior year loss reserve development was 5.9 points in the combined ratio, meaning future results could differ if development is not favorable.
  • Retention is not 100%: Business Retention (Renewal Dollars) was 65.0%, implying some renewal dollars are lost over time.
Valuation — source: SEC EDGAR (first-party)
Price$383.46
Market Cap$8.73B
P/E Ratio16.1
EV / EBITDA12.9
Price / Book4.29
Price / Sales4.41
FCF Yield19.7%
DCF Value (model)$550.01
DCF Upside vs Price43.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.87B
Net Margin26.9%
Revenue Growth (YoY)18.0%
EPS Growth (YoY)21.4%
FCF Growth (YoY)4.0%
Valuation vs Sector & Industry
Stock P/E16.1
Sector P/E (Financials)15.1
Industry P/E (Insurance)13.0
vs Sector6.6%
vs Industry23.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($812.18M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryInsurance
CEOMichael Patrick Kehoe
Employees660
CountryUS
IPO Date2016-07-28

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KNSL earnings history · KNSL institutional & insider holders · KNSL KPIs & operating metrics · KNSL financials · KNSL investor presentations & press releases · KNSL SEC filings · KNSL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.