Kingstone Companies, Inc (KINS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Kingstone Company's second quarter 2025 earnings conference call. At this time, all participants are on a listen-only mode. A brief question and answer session will follow the formal presentation. If you would like to register a question, you may do so by pressing star 1 on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Karen Daly, Vice President, the Equity Group, and Kingstone Investor Relations Representative. Thank you, Karen. You may now begin. Thank you, Donna. Good morning, everyone. Joining us on the call today will be President and Chief Executive Officer Merrill Golden. On behalf of the company, I would like to note that this conference call may include forward-looking statements, which involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from projected results. Forward-looking statements speak... speak only as of the date on which they are made, and Kingston undertakes no obligation to update the information discussed. For more information, please refer to the section entitled Risk Factors in Part 1, Item 1A of the company's latest Form 10-K. Additionally, today's remarks may include references to non-GAAP measures. For reconciliation of these non-GAAP measures to GAAP figures, please see the tables in the latest earnings release. With that, it's my pleasure to turn the call over to Meryl Golden. Meryl? Thanks, Karen. Good morning, everyone, and thanks for joining our call today. Yesterday afternoon, we posted the most profitable quarter in Kingstone's history with $11.3 million in net income, an increase of 150% compared to the prior year quarter. We delivered a stellar combined ratio of 71.5% And ...