For the quarter ending 2026-03-31, KG has $964,227K in assets. $842,790K in debts. $15,052K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fixed maturities available-for-sale, at fair value (amortized cost 2026 118,298 2025 164,352) | 118,376 | 163,167 | 198,658 | 205,801 |
| Equity securities at fair value (cost 2026 11,145 2025 11,145) | 11,748 | 11,748 | 11,350 | 11,191 |
| Equity method investments | 33,543 | 33,532 | 32,518 | - |
| Other investments | 175,670 | 173,358 | 171,791 | 162,105 |
| Equity method investments | - | - | - | 33,173 |
| Total investments | 339,337 | 381,805 | 414,317 | 412,270 |
| Cash and cash equivalents | 15,052 | 7,801 | 12,890 | 18,951 |
| Restricted cash and cash equivalents | 47,159 | 9,146 | 27,634 | 14,717 |
| Accrued investment income | 4,872 | 4,970 | 5,076 | 4,936 |
| 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) | 297 | 724 | 9,706 | 10,397 |
| Reinsurance recoverable on unpaid losses (allowance for expected credit losses 2026 1,930 2025 1,740) | 436,381 | 461,197 | 492,790 | 520,520 |
| Net loan receivable from related party | 78,606 | 86,883 | 101,689 | 107,490 |
| Intangible assets | 8,509 | 9,347 | 10,370 | 11,438 |
| Funds withheld receivable (allowance for expected credit losses 2026 2 2025 2) | 7,448 | 10,956 | 11,941 | 12,085 |
| Other assets | 17,636 | 17,631 | 24,872 | 26,784 |
| Assets held for sale | 8,930 | 19,495 | 19,155 | 19,823 |
| Total assets | 964,227 | 1,009,955 | 1,130,440 | 1,159,411 |
| Reserve for loss and loss adjustment expenses (includes 514,149 and 554,507 from related parties in 2026 and 2025, respectively) | 593,350 | 637,169 | 677,667 | 723,432 |
| Unearned premiums (includes 16,815 and 17,227 from related parties in 2026 and 2025, respectively) | 16,891 | 17,406 | 19,615 | 22,597 |
| Liability for securities purchased | - | - | 11,692 | - |
| Accrued expenses and other liabilities (includes 27,468 and 16,443 from related parties in 2026 and 2025, respectively) | 57,426 | 51,572 | 102,874 | 79,263 |
| Senior notes - principal amount | 262,361 | 262,361 | 262,361 | 262,361 |
| Less unamortized fair value adjustment | 87,639 | 87,959 | 88,277 | 88,578 |
| Liability for securities purchased | - | - | - | 7,006 |
| Senior notes, net | 174,722 | 174,402 | 174,084 | 173,783 |
| Earn out liability | - | - | - | 2,679 |
| Liabilities held for sale | 401 | 1,122 | 734 | 566 |
| Total liabilities | 842,790 | 881,671 | 986,666 | 1,009,326 |
| 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 | 100 | 100 | 99 |
| Additional paid-in capital | 178,982 | 177,534 | 177,101 | 176,885 |
| Accumulated other comprehensive income | 537 | 916 | -916 | 559 |
| (accumulated deficit) retained earnings | -6,234 | 1,197 | 18,952 | 24,005 |
| Treasury shares, at cost (2026 2,284,570 shares, 2025 2,237,534 shares) | 51,949 | 51,463 | 51,463 | 51,463 |
| Total shareholders equity | 121,437 | 128,284 | 143,774 | 150,085 |
| Total liabilities and equity | 964,227 | 1,009,955 | 1,130,440 | 1,159,411 |
Kestrel Group Ltd (KG)
Kestrel Group Ltd (KG)