Kiln's two-for-three rights issue, which closed this week, achieved a 92.4% take-up rate.
The Lloyd's insurer had offered existing shareholders the chance to buy two new shares for each three they already owned in plans to raise £50m. The acceptance rate includes a stake sold to US insurer WR Berkley Corporation and others sold to directors.
The company's shares were trading on Tuesday at 53.5p, having been stable for the last five days.
