Kinsale Capital

Q2 FY2026 EarningsQ2 FY2026 results significantly exceeded consensus expectations across the bottom line: GAAP EPS of $7.72 beat the $5.13 mean estimate by 50.5%, and normalized (operating) EPS of $5.54 beat the $5.11 estimate by 8.4%. Total revenue reached $548.5M, surpassing the $477.1M forecast, driven by a 19.9% YoY increase in investment income and substantial mark-to-market gains on equity securities. Despite a 5% decline in gross written premiums due to competition in the Commercial Property Division, the combined ratio remained elite at 75.5%, highlighting resilient underwriting profitability.