Kinsale Capital : November 2022 Kinsale IR Presentation

November 2022

Disclaimer

This presentation contains or incorporates by reference forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include any statement that does not directly relate to historical or current facts. These statements may discuss, among other things, Kinsale's future financial performance, business prospects and strategy, anticipated financial position, liquidity and capital, dividends and general market and industry conditions. You can identify forward-looking statements by words such as "anticipates," "estimates," "expects," "intends," "plans," "predicts," "projects," "believes," "seeks," "outlook," "future," "will," "would," "should," "could," "may," "can have" and similar terms. Forward-looking statements are based on management's current expectations and assumptions about future events, which are subject to uncertainties, risks and changes in circumstances that are difficult to predict. These statements are only predictions and are not guarantees of future performance. Forward-looking statements speak only as of the date on which they are made. Except as expressly required under federal securities laws or the rules and regulations of the SEC, Kinsale does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to Kinsale are expressly qualified by these cautionary statements.

To supplement Kinsale's consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) and to better reflect period-over-period comparisons, Kinsale uses non-GAAP financial measures of performance and financial position that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Non-GAAP financial measures do not replace and are not superior to the presentation of GAAP financial results but are provided to improve overall understanding of Kinsale's current financial performance and its prospects for the future. Kinsale believes the non-GAAP financial results provide useful information to both management and investors regarding certain additional financial and business trends relating to financial condition and operating results. In addition, management uses these measures, along with GAAP information, for reviewing financial results and evaluating its historical operating performance. The non-GAAP adjustments for all periods presented are based upon information and assumptions available as of the date of this presentation. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. For further discussion of the limitations of these non-GAAP financial measures and the reconciliations to the most directly comparable GAAP financial measures, see the Appendix to this presentation.

2

INTRODUCTION TO KINSALE

3

Overview

Kinsale Capital Group, Inc., founded in 2009, is a specialty insurance company focused exclusively on the excess and surplus lines market in the United States.

Disciplined	Maintain	Leverage our	Employ a	Well-positioned
underwriting	absolute control	proprietary	quantitative	to generate
focused on	over	technology to	approach-	strong returns
small-account,	underwriting	operate with a	using analytics	and robust
E&S market	and claims	substantial cost	to drive	growth as we
	management	advantage over	profitability and	expand our 1%
	processes	competitors	operational	market share
			efficiency

Our goal is to provide long-term value to our stockholders by generating exceptional profit and growth

4

Highly Experienced Management Team

Name	Exp.	Prior experience
Michael Kehoe		President and CEO at James River Insurance from
Founder, President and	30+ years
CEO	2002 to 2008
Brian Haney		Chief Actuary of James River Insurance from 2002
EVP, Chief Operating	30+ years
Officer	to 2009
Bryan Petrucelli		Senior Manager in Ernst & Young's audit practice
EVP, Chief Financial	30+ years
Officer	for over 13 years
Diane Schnupp	30+ years	Principal Consultant Impact Makers, Inc. from 2016
EVP, Chief Information
to 2019; Chief Information Officer Capital Center,
Officer
	LLC from 2012 to 2016
Mark Beachy	30+ years	Group General Counsel at The Travelers Indemnity
EVP, Chief Claims
Company from 2018 to 2020; Managing Counsel at

Officer	Travelers from 2006 to 2018

5