Kinsale Capital Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	4,341	3,538	2,712	1,760	1,392
Investments in Equity & Preferred Securities	626.4	398.36	234.81	152.47	172.61
Other Investments	3.86	3.71	5.59	41.34	-
Total Investments	5,027	3,955	2,967	2,030	1,565
Cash & Equivalents	163.36	113.21	126.69	156.27	121.04
Reinsurance Recoverable	394.33	337.89	247.84	220.45	122.97
Other Receivables	155.56	167.39	164.9	120.21	83.76
Deferred Policy Acquisition Cost	118.74	109.26	88.4	61.59	41.97
Property, Plant & Equipment	-	82.92	63.4	53.48	49.3
Other Intangible Assets	3.54	3.54	3.54	3.54	3.54
Long-Term Deferred Tax Assets	42.19	60.22	55.7	56.98	2.11
Other Long-Term Assets	138.89	57.59	55.56	44.3	36.3
Total Assets	6,044	4,887	3,773	2,747	2,026
Accounts Payable	66.3	55.16	57.22	33.16	38.25
Unpaid Claims	2,891	2,286	1,693	1,238	881.34
Unearned Premiums	860.39	828.45	701.35	499.68	347.73
Reinsurance Payable	34.39	43.96	47.58	32.02	16.11
Current Income Taxes Payable	-	2.8	3.2	2.5	-
Long-Term Debt	224.4	184.12	183.85	195.75	42.7
Other Long-Term Liabilities	7.63	2.99	0.07	0.16	0.19
Total Liabilities	4,084	3,403	2,686	2,002	1,326
Common Stock	1,960	0.23	0.23	0.23	0.23
Additional Paid-In Capital	-	361.4	352.97	347.02	295.04
Retained Earnings	-	1,229	828.25	533.12	385.94
Treasury Stock	-	-10	-	-	-
Comprehensive Income & Other	-	-97.21	-94.62	-134.92	18.13
Shareholders' Equity	1,960	1,484	1,087	745.45	699.34
Total Liabilities & Equity	6,044	4,887	3,773	2,747	2,026
Filing Date Shares Outstanding	23.06	23.28	23.19	23.1	22.84
Total Common Shares Outstanding	23.06	23.29	23.18	23.09	22.83
Total Debt	224.4	184.12	183.85	195.75	42.7
Net Cash (Debt)	-61.04	-70.91	-57.15	-39.47	78.34
Net Cash Growth	-	-	-	-	126.93%
Net Cash Per Share	-2.62	-3.04	-2.45	-1.71	3.40
Book Value Per Share	84.99	63.69	46.88	32.28	30.63
Tangible Book Value	1,956	1,480	1,083	741.91	695.8
Tangible Book Value Per Share	84.84	63.53	46.73	32.13	30.47
Land	-	3.07	3.07	3.07	3.07
Buildings	-	37.19	37.18	33.07	33.1
Machinery	-	7.6	7.02	6.06	5.3
Construction In Progress	-	26.53	6.62	2.62	-
Leasehold Improvements	-	0.15	0.15	-	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.