As policies lapse and new ones begin, insurers that turn an underwriting profit can put this cash to work in investments from bonds to stocks or other assets. Kinsale gets an added boost from rising rates over competitors because net investment income makes up a larger share of its earnings -- 6.3% of total revenues. The company is well-positioned to perform well if inflation stays elevated, and it's ready to capitalize on higher rates -- making this insurance stock a solid one for you to consider adding to your portfolio today.