Kinsale Capital Group names Haney to board, announces retirement plans

RICHMOND - Kinsale Capital Group, Inc. (NYSE:KNSL), a $10.66 billion market cap insurer showing robust revenue growth of 21% over the last twelve months, announced Thursday that Brian D. Haney, President and Chief Operating Officer, has been elected to the company’s Board of Directors, effective immediately. According to InvestingPro analysis, the company appears to be trading near its Fair Value. Haney has also informed the company of his plans to retire on March 2, 2026.

Following his retirement, Haney will transition to a consulting role as Senior Advisor, focusing primarily on investor relations. He has been with Kinsale since its founding in 2009, serving in various senior executive positions during a period that has seen the company achieve impressive financial metrics, including a 30% return on equity and maintaining dividend payments for 10 consecutive years, as reported by InvestingPro.

Stuart P. Winston has been promoted to Executive Vice President, Chief Underwriting Officer, and will continue to lead the company’s underwriting operations. Winston joined Kinsale in 2010 and has over 20 years of industry underwriting experience.

Michael P. Kehoe, currently Chairman of the Board and Chief Executive Officer, will assume the additional title of President upon Haney’s retirement next year.

"Brian has been a tremendous influence on the Company’s success since its founding," said Kehoe in the press release. He added that Winston is "a highly respected member of Kinsale’s senior leadership team, with deep underwriting acumen and a proven track record of management success."

Winston holds a B.A. in Managerial Economics from Hampden-Sydney College and has earned the Associate in Reinsurance and Chartered Property Casualty Underwriter designations from The Institutes.

Kinsale Capital Group specializes in the excess and surplus lines insurance market and is headquartered in Richmond, Virginia. The company maintains strong financial health with a "GREAT" rating according to InvestingPro analysis, which offers comprehensive research reports on over 1,400 US stocks, including detailed insights into Kinsale’s performance metrics and growth potential.

In other recent news, Kinsale Capital Group Inc. reported strong second-quarter results for 2025, exceeding both earnings and revenue forecasts. The company achieved an earnings per share of $4.78, surpassing the expected $4.41, and reported revenue of $469.81 million, beating the forecasted $433 million. Truist Securities reiterated its Buy rating on Kinsale Capital, citing optimism from the company’s management about the normalization of property insurance markets. BMO Capital also made adjustments to its price targets for Kinsale Capital, raising it to $477 from $474, while maintaining a Market Perform rating. Earlier, BMO Capital had increased the price target from $429 to $474, attributing the change to higher net investment income and higher net premiums written. These developments highlight recent positive trends for Kinsale Capital, particularly in the property insurance sector in Texas and Florida. The company’s leadership expressed confidence in continued growth, supported by double-digit increases in property premiums.

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