Kinsale Capital (US:KNSL)2025-06-24 12:58Company Overview - Kinsale Capital Group, founded in 2009, focuses on the excess and surplus lines market in the United States[4] - The company's market capitalization was $96 billion as of September 30, 2023[4] - Kinsale's YTD combined ratio was 767% as of September 30, 2023[4] - The company's YTD annualized operating return on equity was 321% as of September 30, 2023[4] - Kinsale aims to expand its 1% market share[4] Underwriting Strategy - Kinsale focuses on small-to-medium sized, hard-to-place risks in the excess and surplus lines market[27, 28] - The company emphasizes individual risk underwriting and tailored coverage[31, 36] - Kinsale uses a technology-enabled, low-cost approach to manage expenses[32] - The company has underwriters specializing in various casualty, professional lines, specialty casualty, transportation, and property divisions[21] Market Position and Growth - Kinsale's underwriting performance, measured by the net loss and loss adjustment expense ratio, is compared against the P&C industry and surplus lines sector[13] - The company is focused on leveraging data for pricing, risk segmentation, and automation[170]