Kinsale Capital Group, Inc. (KNSL) financial statements (2020 and earlier)

Company profile

Business Address 2221 EDWARD HOLLAND DRIVE, SUITE 600
RICHMOND, VA 23230
State of Incorp. DE
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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1791338251
Cash and cash equivalents100758251
Short-term investments7858  
Total current assets:1791338251
Noncurrent Assets
Property, plant and equipment23   
Intangible assets, net (including goodwill)4444
Intangible assets, net (excluding goodwill)4444
Total noncurrent assets:26444
Other undisclosed assets886637583560
TOTAL ASSETS:1,091773668614
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   0
Taxes payable   0
Total current liabilities:   0
Noncurrent Liabilities
Other undisclosed liabilities685509430404
Total liabilities:685509430404
Stockholders' equity
Stockholders' equity attributable to parent, including:406264238210
Common stock000 
Additional paid in capital229158155153
Accumulated other comprehensive income (loss)14(1)93
Retained earnings1631077454
Other undisclosed stockholders' equity attributable to parent   0
Total stockholders' equity:406264238210
TOTAL LIABILITIES AND EQUITY:1,091773668614

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues316222187142
Premiums earned, net283213
Financial services revenue176134
Cost of revenue(157)(118)(94)(53)
Deferred policy acquisition costs, amortization expense(39)(29)(24)10
Gross profit:1591049289
Operating expenses(83)(64)(54)(49)
Other operating expense, net
(Other Expenses)
(0)(0)(0)(3)
Operating income:76403837
Interest and debt expense(0)  (1)
Income from continuing operations before equity method investments, income taxes:76403836
Other undisclosed income from continuing operations before income taxes0004
Income from continuing operations before income taxes:76403940
Income tax expense(13)(7)(14)(13)
Net income available to common stockholders, diluted:63342526

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:63342526
Comprehensive income:63342526
Other undisclosed comprehensive income (loss), net of tax, attributable to parent15(5)6(1)
Comprehensive income, net of tax, attributable to parent:78283126

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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