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Balance Sheets Overview

Debt to Asset Ratio
87.61%
Unit: Thousand (K) dollars
Assets Breakdown
    • Reinsurance recoverable on unpai...
    • Other investments
    • Fixed maturities available-for-s...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Less unamortized fair value adju...
    • Accrued expenses and other liabi...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Fixed maturities available-for-sale, at fair value (amortized cost 2026 144,533 2025 168,991)
144,624
118,376
163,167
198,658
Equity securities at fair value (cost 2026 11,145 2025 11,145)
11,748
11,748
11,748
11,350
Equity method investments
33,413
33,543
33,532
32,518
Other investments
173,280
175,670
173,358
171,791
Total investments
363,065
339,337
381,805
414,317
Cash and cash equivalents
16,062
15,052
7,801
12,890
Restricted cash and cash equivalents
10,216
47,159
9,146
27,634
Accrued investment income
4,900
4,872
4,970
5,076
Reinsurance balances receivable, net (includes 0 and 2 from related parties in 2026 and 2025, respectively. allowance for expected credit losses 2026 - 14 2025 - 14)
5,590
297
724
9,706
Reinsurance recoverable on unpaid losses (allowance for expected credit losses 2026 1,613 2025 1,740)
412,121
436,381
461,197
492,790
Net loan receivable from related party
69,443
78,606
86,883
101,689
Intangible assets
7,676
8,509
9,347
10,370
Funds withheld receivable (allowance for expected credit losses 2026 2 2025 2)
6,417
7,448
10,956
11,941
Other assets
24,116
17,636
17,631
24,872
Assets held for sale
-
8,930
19,495
19,155
Total assets
919,606
964,227
1,009,955
1,130,440
Reserve for loss and loss adjustment expenses (includes 478,831 and 554,507 from related parties in 2026 and 2025, respectively)
554,341
593,350
637,169
677,667
Unearned premiums (includes 14,835 and 17,227 from related parties in 2026 and 2025, respectively)
14,837
16,891
17,406
19,615
Liability for securities purchased
-
-
-
11,692
Accrued expenses and other liabilities (includes 25,163 and 16,443 from related parties in 2026 and 2025, respectively)
61,419
57,426
51,572
102,874
Senior notes - principal amount
262,361
262,361
262,361
262,361
Less unamortized fair value adjustment
87,312
87,639
87,959
88,277
Senior notes, net
175,049
174,722
174,402
174,084
Liabilities held for sale
-
401
1,122
734
Total liabilities
805,646
842,790
881,671
986,666
Common shares (0.01 par value 2026 10,108,600 and 2025 9,979,477 shares issued 2026 7,824,030 and 2025 7,741,943 shares outstanding)
101
101
100
100
Additional paid-in capital
180,153
178,982
177,534
177,101
Accumulated other comprehensive (loss) income
-29
537
916
-916
(accumulated deficit) retained earnings
-14,316
-6,234
1,197
18,952
Treasury shares, at cost (2026 2,284,570 shares, 2025 2,237,534 shares)
51,949
51,949
51,463
51,463
Total shareholders equity
113,960
121,437
128,284
143,774
Total liabilities and equity
919,606
964,227
1,009,955
1,130,440
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Other investments$173,280K (6.89%↑ Y/Y)Fixed maturitiesavailable-for-sale, at fair value...$144,624K (-29.73%↓ Y/Y)Equity methodinvestments$33,413K (0.72%↑ Y/Y)Equity securities atfair value (cost 2026...$11,748K (4.98%↑ Y/Y)Reinsurance recoverable onunpaid losses...$412,121K (-20.83%↓ Y/Y)Total investments$363,065K (-11.94%↓ Y/Y)Net loan receivablefrom related party$69,443K (-35.40%↓ Y/Y)Other assets$24,116K (-9.96%↓ Y/Y)Cash and cashequivalents$16,062K (-15.24%↓ Y/Y)Restricted cash and cashequivalents$10,216K (-30.58%↓ Y/Y)Intangible assets$7,676K (-32.89%↓ Y/Y)Funds withheldreceivable (allowance for...$6,417K (-46.90%↓ Y/Y)Reinsurance balancesreceivable, net (includes 0...$5,590K (-46.23%↓ Y/Y)Accrued investmentincome$4,900K (-0.73%↓ Y/Y)Total assets$919,606K (-20.68%↓ Y/Y)Total liabilities andequity$919,606K (-20.68%↓ Y/Y)Total liabilities$805,646K (-20.18%↓ Y/Y)Total shareholdersequity$113,960K (-24.07%↓ Y/Y)Treasury shares, at cost(2026 2,284,570...$51,949K (0.94%↑ Y/Y)(accumulated deficit)retained earnings-$14,316K (-159.64%↓ Y/Y)Accumulated othercomprehensive (loss) income-$29K (-105.19%↓ Y/Y)Reserve for loss and lossadjustment expenses...$554,341K (-23.37%↓ Y/Y)Senior notes, net$175,049K (0.73%↑ Y/Y)Accrued expenses andother liabilities...$61,419K (-22.51%↓ Y/Y)Unearned premiums(includes 14,835 and...$14,837K (-34.34%↓ Y/Y)Additional paid-in capital$180,153K (1.85%↑ Y/Y)Less unamortizedfair value...$87,312K (-1.43%↓ Y/Y)Common shares (0.01 parvalue 2026 10,108,600...$101K (2.02%↑ Y/Y)Senior notes -principal amount$262,361K (0.00%↑ Y/Y)

Kestrel Group Ltd (KG)

Kestrel Group Ltd (KG)