Kinsale Q4 operating profit leaps 55% as premiums rise, cats fall
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Kinsale Q4 operating profit leaps 55% as premiums rise, cats fall

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Kinsale Capital Group said its Q4 operating earnings leaped 55% as its combined ratio dropped to 74.5%, thanks to premium growth, favorable development and “negligible” catastrophe losses for the period.

The Richmond, Virginia-based carrier reported net operating earnings of $40.7mn, or $1.76 per share, compared with $26.3mn, or $1.14

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