Ayalon Trust Fund (4D) Global Stocks on Kinsale Capital Group, Inc.

Kinsale is a specialty insurer focused on excess and surplus policies in areas that traditional insurers often avoid, particularly for small businesses. The fund highlights the company's exceptionally low loss ratio as a central sign of underwriting quality. Since its 2016 IPO, the shares have risen almost twenty-fold, demonstrating the economics of the business model. Kinsale has therefore been added to the fund's long-term insurance compounder bucket.