Kinsale Capital's Q2 Results: A Gauge of High-Growth, High-Profit Trajectory

Kinsale Capital Group reported record profitability despite decelerating premium growth in Q2 2025. The company's stock has underperformed the broader market YTD, up only 2%. Kinsale's unique focus on the Excess and Surplus market and disciplined underwriting practices set it apart from peers. The demand for "hard-to-place" risks is persistent, and Kinsale's pricing power and selectivity limit direct competition. The company's core strategy prioritizes profitability over growth, allowing it to maintain underwriting discipline in a soft market.