Kestrel Q2 FY26 net loss widens to USD 8.1 million; revenue rises 20.12% year-over-year to USD 6.7 million
Reuters2026/08/07 12:30- Kestrel Group posted a net loss of USD 8.1 million, or USD 1.03 a share, in Q2 2026.
- Total revenues rose to USD 6.7 million from a year earlier; general and administrative expenses climbed to USD 10.5 million.
- Program Services fee revenue surged to USD 3.7 million, up 587.9% year over year; premium produced jumped to USD 109.6 million, up 479.8%.
- Legacy Reinsurance logged an underwriting loss of USD 1.3 million, including USD 0.7 million of severance-related costs in Diversified.
- CEO Luke Ledbetter cited sequential and year-over-year gains in Program Services metrics, pointing to a growing pipeline and efforts to boost operating leverage.
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