KNSL - Kinsale Capital Non-GAAP EPS of $2.44 beats by $0.22 revenue of $256.94M beats by $4.1M
2023-04-27 16:17:49 ET
- Kinsale Capital press release ( NYSE: KNSL ): Q1 Non-GAAP EPS of $2.44 beats by $0.22 .
- Revenue of $256.94M (+42.5% Y/Y) beats by $4.1M .
- Gross written premiums increased by 45.6% to $357.6 million compared to the first quarter of 2022
- Net investment income increased by 127.7% to $20.7 million compared to the first quarter of 2022
- Underwriting income was $51.6 million in the first quarter of 2023, resulting in a combined ratio of 78.2%
- Annualized operating return on equity was 29.1% for the three months ended March 31, 2023
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Kinsale Capital Non-GAAP EPS of $2.44 beats by $0.22, revenue of $256.94M beats by $4.1M