Kinsale Capital reports higher Q2 net income and premiums
Kinsale Capital posted Q2 2026 net income of $175.87 million, or $7.72 per diluted share, up 34% year over year.
Net operating earnings (non-GAAP) rose to $126.16 million, or $5.54 per diluted share, up 15.9% year over year.
Underwriting income (non-GAAP) increased to $105.45 million, driving a combined ratio of 75.5% versus 75.8% a year earlier.
Gross written premiums fell 5% to $527.61 million due to heightened competition in commercial property; net earned premiums rose 8.9% to $417.6 million.
Net investment income climbed 19.9% to $55.74 million; Kinsale authorized another $250 million buyback, lifting remaining capacity to $337.5 million.