Kingstone(US:KINS)2019-11-12 18:36Financial Performance - The Company's book value per share at September 30, 2019 was $8.04, a decrease of 5.9% compared to $8.54 at September 30, 2018[8] - Net loss for the three months ended September 30, 2019 was $(1,725,162) compared to net income of $3,933,730 for the three months ended September 30, 2018[19] - Net loss for the nine months ended September 30, 2019 was $(7,420,972) compared to net income of $3,973,093 for the nine months ended September 30, 2018[19] - Net operating loss for the three months ended September 30, 2019 was $(2,513,000) compared to net operating income of $3,656,000 for the three months ended September 30, 2018[12] - Net operating loss for the nine months ended September 30, 2019 was $(10,353,000) compared to net operating income of $4,193,000 for the nine months ended September 30, 2018[12] Premiums - Direct written premiums for the three months ended September 30, 2019 increased by 18.7% to $46,023,000 from $38,785,000 in 2018[10] - Direct written premiums for the nine months ended September 30, 2019 increased by 19.7% to $128,333,000 from $107,175,000 in 2018[10] - Net premiums earned for the three months ended September 30, 2019 increased by 24.3% to $34,220,000 from $27,534,000 in 2018[10] - Net premiums earned for the nine months ended September 30, 2019 increased by 27.6% to $95,017,000 from $74,476,000 in 2018[10] - Expansion direct written premiums for the three months ended September 30, 2019 increased by 158.2% to $7,371,000 from $2,855,000 in 2018[11] - Expansion direct written premiums for the nine months ended September 30, 2019 increased by 185.5% to $16,900,000 from $5,919,000 in 2018[11]