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Kinsale Capital Group KNSL Casualty - occurrence — Incurred claims and claim adjustment expense, net

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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:ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet.

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
Line itemIncurred Claims and Claim Adjustment Expenses, Net of Reinsurance / For the Years Ended December 31,December 31, 2025
2019124,19019,181
2020142,56553,064
2021206,475105,695
2022292,377162,331
2023379,978279,930
2024489,026430,927
2025581,722559,623
$2,466,706

Item 8. Financial Statements and Supplementary Data

FAQ

What is Kinsale Capital Group's casualty - occurrence — incurred claims and claim adjustment expense, net?
Kinsale Capital Group (KNSL) reported casualty - occurrence — incurred claims and claim adjustment expense, net of $2.47B in Q4 2025.
How has Kinsale Capital Group's casualty - occurrence — incurred claims and claim adjustment expense, net changed year-over-year?
Kinsale Capital Group's casualty - occurrence — incurred claims and claim adjustment expense, net increased by 402.7% year-over-year, from $490.72M to $2.47B.
What does casualty - occurrence — incurred claims and claim adjustment expense, net mean?
This metric represents the total net cost of claims and associated adjustment expenses incurred during a specific period for the casualty occurrence insurance segment. It reflects the underwriting performance by accounting for both paid losses and changes in loss reserves, net of any reinsurance recoveries. Investors use this to assess the profitability and underwriting discipline of the company's casualty insurance business.

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