Kingstone Q2 FY26 net income climbs 37.5% to $15.47 million; net premiums earned rise 30.8% to $60.47 million - KINS News | RalliesKingstone Q2 FY26 net income climbs 37.5% to $15.47 million; net premiums earned rise 30.8% to $60.47 million
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KINS• Q2 profit and earnings rise
- Kingstone posted Q2 2026 net income of $15.47 million, up 37.5% year over year.
- Diluted EPS rose 34.6% to $1.05.
- Profitability improved as the GAAP net combined ratio narrowed 1.3 percentage points to 70.2%, delivering an annualized return on equity of 50.8%.
Premiums and underwriting growth
- Net premiums earned climbed 30.8% to $60.47 million.
- Direct premiums written increased 18.7% to $72.49 million.
Reinsurance placement and risk coverage
- Catastrophe reinsurance placement lifted total coverage to $500 million.
- The placement added wildfire protection, kept low first-event retentions, and cut risk-adjusted core cat costs by more than .
15%
2026 guidance reaffirmed
- Kingstone reaffirmed 2026 guidance, including diluted EPS of $2.20 to $2.90 and a net combined ratio of 81% to 86%.
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