Kinsale's Q4 Profits Hurt by Hurricanes
Here's our initial take on Kinsale Capital Group's (NYSE: KNSL) fourth-quarter financial report.Kinsale's fourth-quarter results were somewhat mixed. While the company's bottom-line earnings were better than expected, revenue failed to meet analyst forecasts.Beyond the headlines, Kinsale's operating earnings increased by 19% on a per-share basis, and the company's gross written premiums (a good measure of the growth of its insurance business) increased by about 12% year over year.Continue reading
Here's our initial take on Kinsale Capital Group's (NYSE: KNSL) fourth-quarter financial report.
Kinsale's fourth-quarter results were somewhat mixed. While the company's bottom-line earnings were better than expected, revenue failed to meet analyst forecasts.
Beyond the headlines, Kinsale's operating earnings increased by 19% on a per-share basis, and the company's gross written premiums (a good measure of the growth of its insurance business) increased by about 12% year over year.
