Kinsale Capital Group News

Specialty P/C Insurers Outperform Their U.S. Peers: Report

U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of success, according to S&P Global Market Intelligence. Kinsale Insurance Co., the …

Kinsale Acquires Property in Richmond

Specialty insurance business Kinsale Capital Group, Inc. announced that it has acquired real estate property adjacent to its current headquarters in Richmond, Virginia for $76.2 million, through a wholly owned subsidiary. The property is comprised of two office buildings totaling …

Kinsale Capital Expects $57 Million from Public Offering at $93 per Share

Richmond, Virginia-based specialty insurer Kinsale Capital Group (NASDAQ: KNSL) announced the pricing of its underwritten public offering of 645,000 shares of common stock at a price of $93.00 per share. The company expects the net proceeds from the offering to …

Specialty Insurer Kinsale Capital Plans Public Offering

Richmond, Virginia-based specialty insurer Kinsale Capital Group said it intends to offer 530,000 shares of common stock in a public offering. Kinsale said it also expects to grant the underwriters a 30-day option to purchase up to an additional 79,500 …

Excess & Surplus Lines Insurer Kinsale Files for IPO

Kinsale Capital Group Inc., the Richmond, Virginia-based insurer backed by Moelis & Co., filed for an initial public offering of stock. The company, founded in 2009, said it plans to list shares on the Nasdaq under the ticker KNSL, according …

Kinsale Insurance Forms Inland Marine Division

Kinsale Insurance Company has formed a new Inland Marine Division. Havis Wright recently joined Kinsale as the division manager named to lead the effort. Kinsale’s initial underwriting focus is on the inland marine classes found within the construction, mobile equipment, …

Kinsale Introduces Law Enforcement/Police Professional Liability Product

Kinsale Insurance Co. has launched a new law enforcement/police professional product. Eligible accounts include boroughs, cities, counties, townships and villages’ law enforcement departments serving populations of 100,000 or less. Larger venues may be submitted for underwriting review. Target law enforcement/police …