Kinsale Capital Group, Inc. (NYSE:KNSL) Q3 2023 Earnings Call Transcript

Michael Kehoe : I would say that would be highly unlikely for Kinsale mostly because of the reason you touched on, which is our book of business has been very profitable for us, certainly, but for our reinsurers as well. And so we think that Kinsale is a very attractive account for the reinsurance market. We’re a ceding company that’s always put a high value on continuity in that reinsurance program, so a lot of the carriers that share with us the risk, they’ve been on our accounts since we opened the business back in March of 2010. And so we’ve got, I think, very positive relationships with our reinsurers. I think in general, we’ve produced very attractive business for them over the years, and we think it will be a steady process going forward. It’s not to say that rates and prices can’t fluctuate a little bit year by year, but in general, it should be relatively steady.

Operator: As there are no further questions at this time, I will now turn the call back over to Mr. Michael Kehoe.

Michael Kehoe : Okay. Well, I just want to thank everybody for participating this morning, and we look forward to [sharing] some more good news after the fourth quarter in a couple of months. Have a great day.