Kinsale Capital Group reports strong earnings growth with focus on profitability and expansion
From Nasdaq.: 2025-03-01 18:21:00
Kinsale Capital Group (NYSE: KNSL) reported strong fourth-quarter earnings, with a 19.4% growth in operating earnings-per-share and a 12.2% increase in gross written premiums compared to the same period last year. The company’s durable business model focuses on small excess and surplus accounts, providing ongoing profitability. They are trading margin for growth in select high-performing lines to drive higher growth while maintaining profitability. Kinsale continues its consistent product expansion strategy by entering the agribusiness market. Management remains optimistic about the future, emphasizing their competitive advantages in the E&S market and their focus on balancing profitability with growth to maximize shareholder value. 1. New study finds that eating more fruits and vegetables is linked to a lower risk of developing type 2 diabetes. Researchers analyzed data from over 300,000 people and found that those who consumed higher amounts of fruits and vegetables were 50% less likely to develop diabetes.
2. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling over 500 points. Investors cited concerns over rising inflation and uncertainty about the global economy as reasons for the decline.
3. In sports news, the Los Angeles Lakers announced that star player LeBron James will be out indefinitely due to a high ankle sprain. This comes as a major blow to the team as they push for a playoff spot in the competitive Western Conference.
4. A new study reveals that regular exercise can help improve cognitive function in older adults. Researchers found that participants who engaged in moderate physical activity three times a week showed improvements in memory and attention span compared to those who were sedentary.
5. The United Nations reported that over 168 million people worldwide will need humanitarian assistance and protection in 2021. This marks a significant increase from the previous year, with ongoing conflicts, natural disasters, and the COVID-19 pandemic contributing to the growing need for aid.
Read more at Nasdaq.: Kinsale’s Growth Formula Continues: Balancing Profit and Expansion