10 High Growth Financial Stocks To Invest In

6. Kinsale Capital Group, Inc. (NYSE:KNSL)

5-Year Revenue Growth: 40.38%

Number of Hedge Fund Holders: 32

Kinsale Capital Group, Inc. (NYSE:KNSL) is a property and casualty insurance company that specializes in a unique area of the insurance market known as excess and surplus lines (E&S). Their competitive edge lies in providing insurance for risks that are often difficult to insure through standard insurance companies. The company operates across the United States, including all 50 states, Puerto Rico, and the US Virgin Islands.

During the fiscal third quarter of 2024, Kinsale Capital Group, Inc. (NYSE:KNSL) through its business strategy and disciplined underwriting practices increased its earnings per share by 27%. Its gross written premiums grew by 19% year-over-year $448.6 million, indicating a strong demand for its insurance products despite a competitive market. Polen Global SMID Company Growth in its Q3 2024 investor letter indicated their confidence in Kinsale Capital Group, Inc.’s (NYSE:KNSL) ability to navigate through the industry challenges and increase its market share. Here’s what the firm said about the company:

“Kinsale Capital Group, Inc. (NYSE:KNSL) is a specialty insurance company focused on the U.S. excess and surplus lines (“E&S”) market. We see them as uniquely positioned in the E&S insurance market, with solid financial performance and competitive advantages to prepare to continue capturing market share in the face of industry challenges.”