Kinsale Capital (KNSL) Q4 Earnings Beat, Revenues Rise Y/Y

Kinsale Capital Group, Inc. (KNSL) delivered fourth-quarter 2023 net operating earnings of $3.87 per share, which outpaced the Zacks Consensus Estimate by 12.5%. The bottom line increased 48.8% year over year.The results benefited from favorable pricing environment, premium growth, rate increases and improved combined ratio, partially offset by higher expenses.Operational UpdateOperating revenues jumped 41.5% year over year to about$ 351.2 million. The growth can primarily be attributed to a rise in premium ...