05-05-2017 22:20 via insuranceinsider.com

Kinsale falls after Q1 earnings miss

Wall Street punished US specialty insurer Kinsale Capital today
after the company posted a narrow earnings miss late yesterday.
The company's shares fell almost 6 percent before paring
losses by early afternoon in New York, trading about 4.3 percent
lower at $35.00. The shares ended yesterday at $36.57.
Kinsale reported a 19 percent gain in net income to $6.3mn
thanks to rising underwriting profit and investment returns. But
the $0.29 per share result fell just shy of the $0.21 consensus...
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