Kinsale Capital Group Inc. 2025年季度报告

98-0664337(I.R.S. EmployerIdentification Number) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or anemerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes KINSALE CAPITAL GROUP, INC. Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements, within the meaning of the Private Securities LitigationReform Act of 1995. Forward-looking statements include any statement that does not directly relate to historical or current fact. Thesestatements may discuss, among others, our future financial performance, our business prospects and strategy, our anticipated financialposition, liquidity and capital, dividends and general market and industry conditions. You can identify forward-looking statements bywords such as "anticipates," "estimates," "expects," "intends," "plans," "predicts," "projects," "believes," "seeks," "outlook," "future," •the possibility that our loss reserves may be inadequate to cover our actual losses, which could have a material adverse effecton our financial condition, results of operations and cash flows; •the inherent uncertainty of models resulting in actual losses that are materially different than our estimates; •the failure of any of the loss limitations or exclusions we employ, or change in other claims or coverage issues, having amaterial adverse effect on our financial condition or results of operations; •the inability to obtain reinsurance coverage at reasonable prices and on terms that adequately protect us; •the possibility that severe weather conditions and catastrophes, including due to climate change, pandemics and similarevents adversely affecting our business, results of operations and financial condition; •adverse economic factors, including recession, inflation, periods of high unemployment or lower economic activity resultingin the sale of fewer policies than expected or an increase in frequency or severity of claims and premium defaults or both,affecting our growth and profitability; •a decline in our financial strength rating adversely affecting the amount of business we write; •the potential loss of one or more key executives or an inability to attract and retain qualified personnel adversely affecting our •our reliance on a select group of brokers; •the changing market conditions of our excess and surplus lines ("E&S") insurance operations, as well as the cyclical nature of •our employees taking excessive risks; •the intense competition for business in our industry; •the effects of litigation having an adverse effect on our business; •the performance of our investment portfolio adversely affecting our financial results; •the ability to pay dividends being dependent on our ability to obtain cash dividends or other permitted payments from ourinsurance subsidiary; •being forced to sell investments to meet our liquidity requirements; •our credit agreements contain a number of financial and other covenants, the breach of which could result in acceleration of •extensive regulation adversely affecting our ability to achieve our business objectives or the failure to comply with these •the other risks and uncertainties discussed in Part I, Item 1A of the Annual Report on Form 10-K for the year ended Forward-looking statements speak only as of the date on which they are made. Except as expressly required under federal securitieslaws or the rules and regulations of the Securities and Exchange Commission ("SEC"), we do not assume any obligation to update orrevise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue KINSALE CAPITAL GROUP, INC. AND SUBSIDIARI