Kinsale stock plunges 20% as CEO predicts growth slowing for E&S market
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Kinsale stock plunges 20% as CEO predicts growth slowing for E&S market

Hal Stucker
October 27, 2023
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Kinsale’s shares plummeted over 20% today after CEO Michael Kehoe predicted a moderation in the E&S growth rate.

The stock closed at $342.87 per share, down 19.56% from yesterday’s close of $426.22.

On a call with analysts, Kehoe was bullish on E&S market conditions for the balance of this year and into 2024, but he described the high...

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Hal Stucker
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