04-08-2017 22:59 via insuranceinsider.com

Kinsale gains 9.4% on earnings beat

Kinsale shares climbed 9.4 percent in New York trading today
after the company posted a 36 percent surge in second quarter
underwriting profit late yesterday.
Net income jumped 40 percent to $8.5mn, or $0.40 per share,
topping Wall Street's consensus expectation for $0.32 a
share.
Gross written premiums climbed 15 percent to $57.8mn, the
Richmond, Virginia-based carrier said, highlighting growth in small
business, construction, energy, product liability and personal
insurance lines.
"Most of our
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