For the quarter ending 2025-09-30, KG has $1,130,440K in assets. $986,666K in debts. $12,890K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (amortized cost 2025 - 197,941) | 198,658 | 205,801 | ||
| Equity securities, at fair value (cost 2025 - 11,145) | 11,350 | 11,191 | ||
| Equity method investments | 32,518 | - | ||
| Other investments | 171,791 | 162,105 | ||
| Equity method investments | - | 33,173 | ||
| Total investments | 414,317 | 412,270 | ||
| Cash and cash equivalents | 12,890 | 18,951 | ||
| Restricted cash and cash equivalents | 27,634 | 14,717 | ||
| Accrued investment income | 5,076 | 4,936 | ||
| Reinsurance balances receivable, net (includes 7,712 from related parties in 2025). allowance for expected credit losses 2025 - 229) | 9,706 | 10,397 | ||
| Reinsurance recoverable on unpaid losses (allowance for expected credit losses 2025 - 1,459) | 492,790 | 520,520 | ||
| Net loan receivable from related party | 101,689 | 107,490 | ||
| Intangible assets (includes 9,169 from related parties in 2025) | 10,370 | 11,438 | ||
| Funds withheld receivable (allowance for expected credit losses 2025 - 9) | 11,941 | 12,085 | ||
| Other assets | 24,872 | 26,784 | ||
| Assets held for sale | 19,155 | 19,823 | ||
| Total assets | 1,130,440 | 1,159,411 | ||
| Reserve for loss and loss adjustment expenses (includes 589,815 from related parties in 2025) | 677,667 | 723,432 | ||
| Unearned premiums (includes 19,401 from related parties in 2025) | 19,615 | 22,597 | ||
| Liability for securities purchased | 11,692 | - | ||
| Accrued expenses and other liabilities (includes 68,508 and 0 from related parties in 2025 and 2024, respectively) | 102,874 | 79,263 | ||
| Senior notes - principal amount | 262,361 | 262,361 | ||
| Less unamortized fair value adjustment | 88,277 | 88,578 | ||
| Liability for securities purchased | - | 7,006 | ||
| Senior notes, net | 174,084 | 173,783 | ||
| Earn out liability | - | 2,679 | ||
| Liabilities held for sale | 734 | 566 | ||
| Total liabilities | 986,666 | 1,009,326 | ||
| Common shares (0.01 par value 2025 9,979,477 and 2024 - 2,749,996 shares issued 2025 7,741,943 and 2024 - 2,749,996 shares outstanding) | 100 | 99 | ||
| Additional paid-in capital | 177,101 | 176,885 | ||
| Accumulated other comprehensive loss | -916 | 559 | ||
| Retained earnings (accumulated deficit) | 18,952 | 24,005 | ||
| Treasury shares, at cost (2025 2,237,534 shares) | 51,463 | 51,463 | ||
| Total shareholders equity | 143,774 | 150,085 | ||
| Total liabilities and equity | 1,130,440 | 1,159,411 | ||
Kestrel Group Ltd (KG)
Kestrel Group Ltd (KG)