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Kinsale Capital Q2 2026 net income rises 31% to $175.9 million
Gross written premiums fell 5% year over year, while the company’s combined ratio improved to 75.5% from 75.8% amid higher underwriting income.
Kinsale Capital Group, Inc. reported second quarter 2026 net income of $175.9 million, up 31% from $134.1 million in the same quarter a year earlier, according to Reinsurance News. After-tax catastrophe losses included in net income were $4.2 million, compared with $2.9 million in Q2 2025.
The insurer said gross written premiums declined 5% to $527.6 million and net written premiums decreased 1.4% to $452.5 million. Net earned premiums rose 8.9% to $417.6 million, helping lift underwriting income to $105.4 million, up 10.5% from $95.5 million a year earlier.
Kinsale reported an improved combined ratio of 75.5% versus 75.8% in Q2 2025. The loss ratio fell to 53.8% from 55.1%, while the expense ratio rose slightly to 21.7% from 20.7%, and the company attributed the underwriting income increase largely to growth in net earned premiums and more favorable loss reserve development from prior accident years.
Net investment income increased 19.9% to $55.7 million, driven by growth in Kinsale’s investment portfolio as it invested strong operating cash flows. The company also said it approved an additional $250 million share repurchase authorization.