Kinsale Capital Group Inc (OQ:KNSL)

Sector:  Financials Industry:  Property & Casualty Insurance
See Regulatory Filings on SEC
Company Contact
Address: 2221 Edward Holland Dr Ste 600
RICHMOND VA 23230-2518
Tel: N/A
IR: See website
Key People
Robert Lippincott
Independent Chairman of the Board
Stuart P. Winston
Vice President - Excess Casualty
Michael P. Kehoe
President, Chief Executive Officer, Director
Bryan P. Petrucelli
Chief Financial Officer, Executive Vice President, Treasurer
Brian D. Haney
Chief Operating Officer, Executive Vice President
Ann Marie Marson
Executive Vice President and Chief Claims Officer
Diane D. Schnupp
Senior Vice President, Chief Information Officer
Patrick L. Dalton
Senior Vice President - Casualty
John R. Bowen
Vice President - Construction
Jason E. Hoover
Vice President - Allied Health
Business Overview
Kinsale Capital Group, Inc. is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers. The Company's commercial lines offerings include construction, small business, excess casualty, general casualty, energy, professional liability, life sciences, product liability, allied health, healthcare, commercial property, management liability, environmental, inland marine, commercial insurance and public entity. The Company writes an array of coverages with a focus on smaller commercial buyers. The Company also writes a small amount of homeowners insurance in the personal lines market. The Company's subsidiaries include Kinsale Management, Inc. and Kinsale Insurance Company.
Financial Overview
For the three months ended 31 March 2020, Kinsale Capital Group Inc revenues increased 11% to $80.3M. Net income decreased 73% to $5.1M. Revenues reflect Interest Income - Investment increase of 36% to $5.5M, Net realized investment gains increase from $280K to $776K, Dividend Income - Investments increase of 10% to $575K. Net income was offset by Gross commissions increase of 42% to $15.1M (expense), Salaries.
Employees: 275 as of Feb 20, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $3,295M as of Mar 31, 2020
Annual revenue (TTM): $324.02M as of Mar 31, 2020
EBITDA (TTM): $58.25M as of Mar 31, 2020
Net annual income (TTM): $49.68M as of Mar 31, 2020
Free cash flow (TTM): $172.05M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 22,254,573 as of Apr 24, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization