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Kingstone Q1 FY26 swings to net loss of USD 5.81 million; net premiums earned rise 28.4% to USD 55.87 million

PUBT·05/07/2026 21:08:33
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Kingstone Q1 FY26 swings to net loss of USD 5.81 million; net premiums earned rise 28.4% to USD 55.87 million
  • Kingstone posted a net loss of USD 5.81 million, or USD 0.40 a share, as net combined ratio widened to 112% from 93.7% a year earlier.
  • Net premiums earned rose 28.4% to USD 55.87 million, while direct premiums written increased 19.6% to USD 69.6 million.
  • Catastrophe loss ratio climbed to 26% from 1.7%, driven by 11 winter catastrophe events in Northeast U.S.
  • Underlying combined ratio improved 5.1 percentage points to 88.3%, supported by low non-catastrophe loss frequency and higher average premium.
  • Management reaffirmed full-year 2026 guidance, forecasting net income per share of USD 2.20 to USD 2.90 on net combined ratio of 81% to 86%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kingstone Companies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071615PRIMZONEFULLFEED9715887) on May 07, 2026, and is solely responsible for the information contained therein.