Kinsale Capital Slides on 1Q Premium Growth Below Wall Street Views

Dow Jones

Apr 26, 2025

By Josh Beckerman

Kinsale Capital Group shares slipped after the insurer reported first-quarter premium growth below analyst expectations.

The stock was down 17%, to $415.25, midday Friday and has lost about 12% this year.

The company on Thursday reported gross written premiums were $484.3 million, up 7.9%. The Commercial Property division posted a decline of about 18% due to rate declines and an increasingly competitive environment.

"Our business continues to produce exceptional profitability through the market cycle" the Richmond, Va., company said. Underwriting income rose to $67.5 million from $65.1 million, reflecting continued growth partly offset by higher catastrophe losses, which included Palisades Fire losses.

J.P. Morgan in a note Friday said it had expected 15% growth in gross written premiums. Oppenheimer analysts in a Friday note said the 8.7% growth in net written premiums was the lowest rate since 2017, but added that Kinsale's margins "remain excellent."

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

April 25, 2025 13:29 ET (17:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2530168290"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2530168290\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2530168290?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-26 01:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2530168290","market":"us","top_or_hot":-1,"title":"Kinsale Capital Slides on 1Q Premium Growth Below Wall Street Views","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Kinsale Capital Group shares slipped after the insurer reported first-quarter premium growth below analyst expectations. \n</p>\n<p>\n  The stock was down 17%, to $415.25, midday Friday and has lost about 12% this year. \n</p>\n<p>\n  The company on Thursday reported gross written premiums were $484.3 million, up 7.9%. The Commercial Property division posted a decline of about 18% due to rate declines and an increasingly competitive environment. \n</p>\n<p>\n  \"Our business continues to produce exceptional profitability through the market cycle\" the Richmond, Va., company said. Underwriting income rose to $67.5 million from $65.1 million, reflecting continued growth partly offset by higher catastrophe losses, which included Palisades Fire losses. \n</p>\n<p>\n  J.P. Morgan in a note Friday said it had expected 15% growth in gross written premiums. Oppenheimer analysts in a Friday note said the 8.7% growth in net written premiums was the lowest rate since 2017, but added that Kinsale's margins \"remain excellent.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 25, 2025 13:29 ET (17:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kinsale Capital Slides on 1Q Premium Growth Below Wall Street Views</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKinsale Capital Slides on 1Q Premium Growth Below Wall Street Views\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-26 01:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Josh Beckerman \n</p>\n<pre>\n \n</pre>\n<p>\n  Kinsale Capital Group shares slipped after the insurer reported first-quarter premium growth below analyst expectations. \n</p>\n<p>\n  The stock was down 17%, to $415.25, midday Friday and has lost about 12% this year. \n</p>\n<p>\n  The company on Thursday reported gross written premiums were $484.3 million, up 7.9%. The Commercial Property division posted a decline of about 18% due to rate declines and an increasingly competitive environment. \n</p>\n<p>\n  \"Our business continues to produce exceptional profitability through the market cycle\" the Richmond, Va., company said. Underwriting income rose to $67.5 million from $65.1 million, reflecting continued growth partly offset by higher catastrophe losses, which included Palisades Fire losses. \n</p>\n<p>\n  J.P. Morgan in a note Friday said it had expected 15% growth in gross written premiums. Oppenheimer analysts in a Friday note said the 8.7% growth in net written premiums was the lowest rate since 2017, but added that Kinsale's margins \"remain excellent.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 25, 2025 13:29 ET (17:29 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KNSL","symbol_name":"Kinsale Capital Group Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2530168290","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530168290","pubTimestamp":1745602140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Kinsale Capital Group shares slipped after the insurer reported first-quarter premium growth below analyst expectations.The stock was down 17%, to $415.25, midday Friday and has lost about 12% this year.The company on Thursday reported gross written premiums were $484.3 million, up 7.9%. The Commercial Property division posted a decline of about 18% due to rate declines and an increasingly competitive environment.\"Our business continues to produce exceptional profitability through the market cycle\" the Richmond, Va., company said. Underwriting income rose to $67.5 million from $65.1 million, reflecting continued growth partly offset by higher catastrophe losses, which included Palisades Fire losses.J.P. Morgan in a note Friday said it had expected 15% growth in gross written premiums. Oppenheimer analysts in a Friday note said the 8.7% growth in net written premiums was the lowest rate since 2017, but added that Kinsale's margins \"remain excellent.\"","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KNSL":"Kinsale Capital Group Inc.","BK4107":"财产与意外伤害保险"},"translate_title":"Kinsale Capital第一季度保费增长低于华尔街预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KNSL":1},"content_text":"By Josh Beckerman \n\n\n \n\n\n  Kinsale Capital Group shares slipped after the insurer reported first-quarter premium growth below analyst expectations. \n\n\n  The stock was down 17%, to $415.25, midday Friday and has lost about 12% this year. \n\n\n  The company on Thursday reported gross written premiums were $484.3 million, up 7.9%. The Commercial Property division posted a decline of about 18% due to rate declines and an increasingly competitive environment. \n\n\n  \"Our business continues to produce exceptional profitability through the market cycle\" the Richmond, Va., company said. Underwriting income rose to $67.5 million from $65.1 million, reflecting continued growth partly offset by higher catastrophe losses, which included Palisades Fire losses. \n\n\n  J.P. Morgan in a note Friday said it had expected 15% growth in gross written premiums. Oppenheimer analysts in a Friday note said the 8.7% growth in net written premiums was the lowest rate since 2017, but added that Kinsale's margins \"remain excellent.\" \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 25, 2025 13:29 ET (17:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}