Kinsale Capital Group, Inc. (KNSL) financial statements (2021 and earlier)

Company profile

Business Address 2035 MAYWILL STREET, SUITE 100
RICHMOND, VA 23230
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2071791338251
Cash and cash equivalents77100758251
Short-term investments1307858  
Total current assets:2071791338251
Noncurrent Assets
Property, plant and equipment4623   
Intangible assets, net (including goodwill)44444
Intangible assets, net (excluding goodwill)44444
Total noncurrent assets:5026444
Other undisclosed assets1,290886637583560
TOTAL ASSETS:1,5471,091773668614
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities    0
Taxes payable    0
Total current liabilities:    0
Noncurrent Liabilities
Liabilities, other than long-term debt5    
Deferred income tax liabilities5 
Total noncurrent liabilities:5    
Other undisclosed liabilities966685509430404
Total liabilities:971685509430404
Stockholders' equity
Stockholders' equity attributable to parent, including:576406264238210
Common stock0000 
Additional paid in capital291229158155153
Accumulated other comprehensive income (loss)4114(1)93
Retained earnings2431631077454
Other undisclosed stockholders' equity attributable to parent    0
Total stockholders' equity:576406264238210
TOTAL LIABILITIES AND EQUITY:1,5471,091773668614

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues460316222187142
Premiums earned, net413283213
Financial services revenue176134
Cost of revenue(249)(157)(118)(94)(53)
Deferred policy acquisition costs, amortization expense(58)(39)(29)(24)10
Gross profit:2111591049289
Operating expenses(110)(83)(64)(54)(49)
Other operating expense, net
(Other Expenses)
(1)(0)(0)(0)(3)
Operating income:9976403837
Interest and debt expense(1)(0)  (1)
Income from continuing operations before equity method investments, income taxes:9876403836
Other undisclosed income from continuing operations before income taxes20004
Income from continuing operations before income taxes:10076403940
Income tax expense(12)(13)(7)(14)(13)
Net income available to common stockholders, diluted:8863342526

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:8863342526
Comprehensive income:8863342526
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2815(5)6(1)
Comprehensive income, net of tax, attributable to parent:11678283126

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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