AM Best affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of 'a' (Excellent) for Kinsale Insurance Company. The outlook for the FSR remains stable, while the outlook for the Long-Term ICR was revised to positive.
Concurrently, AM Best affirmed the Long-Term ICR of 'bbb' (Good) for Kinsale Capital Group, Inc. This affirmation reflects Kinsale's strong balance sheet, consistent operating performance, and appropriate enterprise risk management.
The positive outlook on Kinsale Insurance Company's Long-Term ICR indicates AM Best's view of potential for further rating enhancement. This assessment underscores the company's robust financial health and its capacity to meet ongoing obligations.
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