An E&S Pure-Play Kinsale Capital May Be At The Breakout Point (Technical Analysis)

Magdalena Pacholska
863 Followers

Summary

  • Kinsale offers a high-quality investment opportunity in a specialty insurance market and beats its peers on profitability.
  • With a diversified product portfolio and a value proposition that thrives on chaos and uncertainty, this may be a perfect bet for times of unknown.
  • Technical analysis of the stock suggests a beginning of an uptrend which will require the breakout over the all-time high.

Insurance concept, Businessman holding red umbrella on falling rain with protect with icon business, health, financial, life, family, accident and logistics insurance on city background

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Today, I am looking at Kinsale Capital Group (NYSE:KNSL), a $5.1 B market cap company offering specialty insurance products for allied health, healthcare, entertainment, public sector, and life sciences entities. This stock popped up in two of my screeners, so it occupies two spots

This article was written by

863 Followers
I am investing in various styles to achieve diversification and exploit sector rotation, mixing value and disruption. I love back-testing! Passed CFA Level II. Graduate MA Finance ICHEC Brussels Management School & MA Politics Warsaw University. IRL, a UK-based expert in the area of skills, innovation and technology transfer. Views are mine, not employer`s.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in KNSL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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