Kinsale Capital Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Investments in Debt Securities	4,171	3,538	2,712	1,760	1,392	1,082
Investments in Equity & Preferred Securities	571.12	398.36	234.81	152.47	172.61	129.66
Other Investments	10.93	3.71	5.59	41.34	-	-
Total Investments	4,768	3,955	2,967	2,030	1,565	1,211
Cash & Equivalents	170.16	113.21	126.69	156.27	121.04	77.09
Reinsurance Recoverable	391.16	337.89	247.84	220.45	122.97	93.22
Other Receivables	154.68	167.39	164.9	120.21	83.76	56.48
Deferred Policy Acquisition Cost	124.42	109.26	88.4	61.59	41.97	31.91
Property, Plant & Equipment	123.21	82.92	63.4	53.48	49.3	46.19
Other Intangible Assets	3.54	3.54	3.54	3.54	3.54	3.54
Long-Term Deferred Tax Assets	36.74	60.22	55.7	56.98	2.11	-
Other Long-Term Assets	61.07	57.59	55.56	44.3	36.3	27.01
Total Assets	5,833	4,887	3,773	2,747	2,026	1,547
Accounts Payable	55.76	55.16	57.22	33.16	38.25	13.65
Unpaid Claims	2,765	2,286	1,693	1,238	881.34	636.01
Unearned Premiums	909.59	828.45	701.35	499.68	347.73	260.99
Reinsurance Payable	34.77	43.96	47.58	32.02	16.11	12.67
Current Income Taxes Payable	-	2.8	3.2	2.5	-	-
Long-Term Debt	199.33	184.12	183.85	195.75	42.7	42.57
Long-Term Deferred Tax Liabilities	-	-	-	-	-	4.65
Other Long-Term Liabilities	3.46	2.99	0.07	0.16	0.19	0.12
Total Liabilities	3,968	3,403	2,686	2,002	1,326	970.66
Common Stock	0.23	0.23	0.23	0.23	0.23	0.23
Additional Paid-In Capital	368.96	361.4	352.97	347.02	295.04	291.32
Retained Earnings	1,582	1,229	828.25	533.12	385.94	243.32
Treasury Stock	-50	-10	-	-	-	-
Comprehensive Income & Other	-36.24	-97.21	-94.62	-134.92	18.13	41.38
Shareholders' Equity	1,865	1,484	1,087	745.45	699.34	576.24
Total Liabilities & Equity	5,833	4,887	3,773	2,747	2,026	1,547
Filing Date Shares Outstanding	23.26	23.28	23.19	23.1	22.84	22.77
Total Common Shares Outstanding	23.26	23.29	23.18	23.09	22.83	22.76
Total Debt	199.33	184.12	183.85	195.75	42.7	42.57
Net Cash (Debt)	-29.17	-70.91	-57.15	-39.47	78.34	34.52
Net Cash Growth	-	-	-	-	126.93%	-58.74%
Net Cash Per Share	-1.25	-3.04	-2.45	-1.71	3.40	1.51
Book Value Per Share	80.19	63.69	46.88	32.28	30.63	25.32
Tangible Book Value	1,862	1,480	1,083	741.91	695.8	572.7
Tangible Book Value Per Share	80.03	63.53	46.73	32.13	30.47	25.17
Land	3.07	3.07	3.07	3.07	3.07	3.07
Buildings	37.19	37.19	37.18	33.07	33.1	31.68
Machinery	11.08	7.6	7.02	6.06	5.3	4.5
Construction In Progress	62.18	26.53	6.62	2.62	-	-
Leasehold Improvements	0.15	0.15	0.15	-	-	-

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