Kinsale
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During the quarter, real rates were up around 7% in the aggregate, compared to 8% in Q3 2022, according to management comments during the company’s conference call.
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In its press release, CEO Mike Kehoe noted that the company capitalized “favorable E&S market conditions while maintaining underwriting and expense discipline”.
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CEO Mike Kehoe said the company’s commercial property book outperformed expectations related to the storm.
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CEO Mike Kehoe said his company’s results stem from a combination of higher insurance rates and rapid premium growth.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company posted a combined ratio of 79%, driven by lower relative expenses and premium growth.
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Inside P&C’s news team runs you through the key developments from the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The company founder warned that the “wily” and “entrepreneurial” plaintiffs’ bar would be back, however.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Winston joined the company in 2010 and was most recently promoted to vice president of underwriting in 2020.
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Kinsale Capital Group posted a combined ratio of 75.5% and an expense ratio of 21.4% for Q4 2021.
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