Kinsale Capital Group, Inc.KNSL

Market cap

$9B

P/E ratio

	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Gross written premiums	188	223	276	390	553	764	1,102	1,569	1,870
Ceded written premiums	21	34	40	48	75	104	165	304	393
Net written premiums	167	189	236	342	478	660	937	1,265	1,477
Change in unearned premiums	-33	-13	-23	-59	-65	-77	-143	-192	-127
Net earned premiums	134	176	213	283	413	583	794	1,073	1,350
Insurance Fee Income	-	-	-	-	-	-	-	27	34
Net investment income	7	11	16	20	26	31	51	102	150
Change in the fair value of equity securities	-	-	-7	12	-	-	-28	15	43
Net realized investment gains	-	-	-	0	4	3	1	6	7
Change in allowance for credit losses on investments	-	-	-	-	-	-	-	-	1
Other income	0	0	0	0	1	0	1	1	2
Total revenues	142	187	222	316	460	640	819	1,224	1,588
Losses and loss adjustment expenses	-	-	-	-	-	-	-	-	773
Underwriting, acquisition and insurance expenses	29	44	53	70	94	125	161	229	286
Interest expense	-	-	-	-	-	-	4	10	10
Other expenses	3	0	0	0	1	2	1	1	4
Total expenses	102	148	182	240	359	451	624	840	1,073
Income before income taxes	40	39	40	76	100	189	196	384	515
Income tax expense	13	14	7	13	12	36	36	76	100
Net income	26	25	34	63	88	153	159	308	415
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	-1	6	-5	15	28	-23	-153	40	-3
Total comprehensive income	26	31	28	78	116	129	6	348	412
Basic	-	-	-	2.94	3.96	6.73	6.97	13.37	17.92
Diluted	-	-	-	2.86	3.87	6.62	6.88	13.22	17.78