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Kinsale Capital Group KNSL Property — 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
Accident Year2025Total of IBNR Liabilities Plus Expected Development on Reported Claims
($ in thousands)
2021$$$$$30,340
202252,3112,917
202343,56912,150
202483,01626,458
2025129,58075,567
$338,816

Item 8. Financial Statements and Supplementary Data

FAQ

What is Kinsale Capital Group's property — incurred claims and claim adjustment expense, net?
Kinsale Capital Group (KNSL) reported property — incurred claims and claim adjustment expense, net of $338.82M in Q4 2025.
How has Kinsale Capital Group's property — incurred claims and claim adjustment expense, net changed year-over-year?
Kinsale Capital Group's property — incurred claims and claim adjustment expense, net increased by 202.4% year-over-year, from $112.05M to $338.82M.
What does property — incurred claims and claim adjustment expense, net mean?
This metric represents the total net costs associated with insurance claims and the expenses incurred to investigate and settle those claims within the property segment. It reflects the underwriting performance by accounting for both paid losses and changes in estimated future liabilities, net of any reinsurance recoveries. Investors use this to assess the profitability and underwriting discipline of the property insurance portfolio.

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