KNSL - Kinsale Capital Non-GAAP EPS of $1.76 beats by $0.38 revenue of $183.6M beats by $16.62M
Kinsale Capital press release (NYSE:KNSL): Q4 Non-GAAP EPS of $1.76 beats by $0.38. Revenue of $183.6M (+31.8% Y/Y) beats by $16.62M. Net operating earnings were $40.7 million for the fourth quarter of 2021 compared to $26.3 million for the fourth quarter of 2020. 36.0% growth in gross written premiums to $203.8 million compared to the fourth quarter of 2020 32.1% increase in net investment income to $8.6 million compared to the fourth quarter of 2020 94.9% increase in underwriting income to $42.2 million compared to the fourth quarter of 2020, resulting in a combined ratio of 74.5% 24.0% annualized operating return on equity for the fourth quarter of 2021
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Kinsale Capital Non-GAAP EPS of $1.76 beats by $0.38, revenue of $183.6M beats by $16.62M