LongKNSLJune 30, 2026

Merchant West Global Equity Fund on Kinsale Capital Group

Thesis

Merchant West added Kinsale Capital for its disciplined approach to specialty insurance. The fund sees specialty insurance as a smaller, faster-growing niche where Kinsale's low-cost model keeps it well ahead of the sector. It considers the company durable and cash-generative, with a long runway and an attractive entry valuation. P(1) Merchant West Global Equit… SEC

“Kinsale Capital brings the same discipline to specialty insurance, a smaller, faster-growing niche where its low-cost model keeps it well ahead of the sector”
Merchant West Global Equity Fund — Merchant West Global Equity (USD) Fund Quarterly Report Q2 2026

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