KNSL:
The current market price is 369.45, reflecting a 0.15% increase from the previous close.
Support and Resistance Levels
Current support levels are 356.61, 350.12, and 350.1. Resistance levels are 372 and 376. The pivot point is 364.
Indicators
The RSI is at 41.21, suggesting neutrality, while ATR shows 0.365. The EMA-50 is at 358.3963, indicating a bullish trend. Parabolic SAR is at 369.31.
Market Sentiment
A bullish scenario is likely as the market is above the pivot point of 364, with indicators also supportive.
KNSL Signals & Technical Analysis
Last Updated: <% indicators.interval.updated|date:'MMM d, y h:mm:ss a' %>
Kinsale Capital Group Inc. is a leading specialty insurance provider based in Richmond, Virginia. Established in 2010, the company operates through its wholly-owned subsidiary, Kinsale Insurance Company, which underwrites a diversified portfolio of excess and surplus lines insurance. Focused on niche markets, Kinsale delivers tailored insurance solutions across various sectors, including environmental, construction, and professional liability. The company has rapidly grown since its inception, establishing itself as a trusted partner to brokers and policyholders alike.
Market Position
Kinsale Capital Group Inc. trades on the New York Stock Exchange under the symbol KNSL. With a commitment to innovation and service excellence, the company has positioned itself as a top player in the specialty insurance market. Kinsale's agile underwriting approach and comprehensive risk assessment capabilities allow it to respond promptly to market demands, providing customized coverage options that meet the evolving needs of businesses. The company has built a strong distribution network, enabling it to access a broad client base and maintain a competitive edge in the industry.
Key Financial Highlights
Kinsale Capital has demonstrated robust financial performance, showcasing significant revenue growth and profitability. For the fiscal year ending 2023, the company reported a notable increase in gross written premiums, reflecting its expanding market presence and successful product offerings. With a focus on prudent risk management, Kinsale has maintained a strong combined ratio, underscoring its operational efficiency and commitment to sustainable growth. Additionally, the company has consistently returned value to its shareholders through strategic capital management and dividends, enhancing its attractiveness as a long-term investment.
Industry Outlook
The specialty insurance market is poised for continued expansion, driven by increasing demand for customized coverage amid evolving market risks. Kinsale Capital Group Inc. is well-positioned to capitalize on these trends, leveraging its innovative products and experienced team to meet the diverse needs of its clients. As the industry embraces digital transformation and data analytics, Kinsale remains committed to enhancing its capabilities, ensuring its position as a leader in the specialty insurance sector.
<% (signals.list.current.rate).substr(0,7) %>
<% signal.analyst %>
