Kinsale Capital (KNSL) just reported earnings and the stock dropped 25% from its highs. I bought more. In this video, I break down who Kinsale is, what E&S insurance means, why the combined ratio is the most important number in insurance, what happened with earnings, and why I added to my position.This is not financial advice. I'm a blue-collar welder sharing what I'm learning and doing with my own money. [Link to YouTube Video]
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00:00 - Disclaimer/ Who is Kinsale Capital?
01:23 - What is E&S Insurance?
02:04 - Combined Ratio Explained Simply
03:30 - Why KNSL Stock Dropped After Earnings
04:34 - Is Kinsale Capital a Good Long-Term Investment?
Thanks for stopping by, and remember: a single income stream is risky, and seeking multiple passive income streams would be wise!This video is for entertainment and educational purposes only. I am not a financial advisor. Please do your own research before making any investment decisions.