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Kinsale Capital Group KNSL Casualty - claims made — Reinsurance recoverable for unpaid losses

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Other financials

Income statement

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Revenue$548.5M+16.8%
Net income$175.9M+31.1%
EPS (diluted)$7.72+34.0%

Balance sheet

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Cash & equivalents$210.5M+52.4%
Total debt$224.5M+21.9%
Total equity$2.0B+18.1%
Total assets$6.4B+15.7%

Cash flow

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Operating cash flow$241.9M-10.1%
CapEx$2.8M-83.6%
Free cash flow$239.1M-5.1%

Valuation

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Market cap$8.45B-18.5%
Enterprise value$8.46B-18.7%
P/E14.9×-8.4×
P/S4.2×-1.8×

Profitability

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Net margin28.5%+2.6pp
FCF margin50.1%-4.4pp

Returns & leverage

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Return on equity30.3%+0.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Kinsale Capital Group in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

The source filing: Kinsale Capital Group’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 4:12 PM EST
Fiscal year
FY2025
Accession
0001669162-26-000015
(in thousands)December 31, 2025December 31, 2025
Liabilities for unpaid claims and claim adjustment expenses, net of reinsurance2,257,280
Reinsurance recoverable on unpaid claims
Property112,836
Casualty - claims made22,702
Casualty - occurrence246,890
Allowance for credit losses(1,072)
Total reinsurance recoverable on unpaid claims381,356
Unallocated claims adjustment expenses251,162

Item 8. Financial Statements and Supplementary Data

FAQ

What is Kinsale Capital Group's casualty - claims made — reinsurance recoverable for unpaid losses?
Kinsale Capital Group (KNSL) reported casualty - claims made — reinsurance recoverable for unpaid losses of $22.7M in Q4 2025.
How has Kinsale Capital Group's casualty - claims made — reinsurance recoverable for unpaid losses changed year-over-year?
Kinsale Capital Group's casualty - claims made — reinsurance recoverable for unpaid losses increased by 7.8% year-over-year, from $21.05M to $22.7M.
What does casualty - claims made — reinsurance recoverable for unpaid losses mean?
Represents the portion of unpaid casualty claims-made losses that the company expects to recover from its reinsurance partners. This metric highlights the company's reliance on reinsurance to mitigate underwriting risk and the potential counterparty credit exposure within this specific segment.

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