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Kingstone Companies (KINS) investor relations material
Kingstone Companies Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business overview and market position
12th largest homeowners' insurer in New York with 78,000 policies in force as of September 30, 2025.
Achieved direct written premium growth of 14% and net investment income growth of 52% versus Q3 2024.
Demotech financial strength rating of 'A, Excellent'.
Founded in 1886, with a strong management team boasting over 85 years of combined insurance experience.
Product sophistication and underwriting
Launched the Select product suite in 2022, using modern data science and by-peril rating for Homeowners, Dwelling Fire, and Condo.
Select policies now represent 54% of policies in force, with better insurance scores and lower claim frequency than legacy products.
Achieved a compounded annual rate change of 16.4% in core business, outpacing inflation.
Profitability, expense management, and reinsurance
Maintained a combined ratio below the industry average, with disciplined underwriting and eight consecutive profitable quarters through Q3 2025.
Reduced net expense ratio by 10 points from 2021 to 2024, including savings from restructured producer compensation and retiring legacy systems.
Successfully completed 2025/2026 catastrophe reinsurance placement, including a $125 million catastrophe bond.
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