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Stock impact report

Kingstone Announces 2023 Third Quarter Financial Results

Kingstone Companies, Inc (KINS) 
Last kingstone companies, inc earnings: 3/11 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: kingstonecompanies.com
Company Research Source: Accesswire
KINGSTON, NY / ACCESSWIRE / November 9, 2023 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the quarter ended September 30, 2023. The Company will host a conference call for analysts and investors on November 13, 2023, at 8:30 a.m. Eastern Time, as previously announced on October 18, 2023.2023 Third Quarter and Nine Months Financial and Operational Highlights(All results are compared to prior year periods unless otherwise noted; 000's omitted)Core Results (New York Business)Direct written premiums1 increased to $46,025 for Three Months (up 4.7%) and $129,663 for Nine Months (up 9.6%)Policies in Force declined by 4.5% as compared to September 30, 2022 (see Management Commentary for explanation)Net premiums earned increased to $24,388 for Three Months (up 2.1%) and to $73,607 for Nine Months (up 6.5%)Net loss ratio for Three Months of 72.1% and Nine Show less Read more
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