Kin Insurance has completed its Florida reinsurance program for the following year. Kin is a direct-to-consumer digital insurer focused on the homeowner’s insurance market. Florida is struggling to regain its homeowner’s insurance footing following Hurricane Ian, which caused billions of dollars in losses. Reinsurance is… Read More
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Kin, the direct-to-consumer home insurance company built for every new normal, today announced select operating results through the first quarter ended March 31, 2023. Kin finished the first quarter of 2023 “with $83.2 million in gross written premium, which was positively impacted by $33.5 million… Read More
Read more in: Insurtech | Tagged angel conlin, insurance, insurance technology, insurtech, kin, operating results, sean harper
Kin Insurance announced that the Kin Interinsurance Network, its reciprocal insurance carrier, successfully closed a $100 million private placement catastrophe bond transaction, bringing Hestia Re Ltd.’s total outstanding limit to $275 million. The new multi-year reinsurance arrangement with Hestia Re “provides the Kin Interinsurance Network… Read More
Read more in: Insurtech | Tagged andras bohm, angel conlin, hestia re, hestia re ltd, insurance, insurance technology, insurtech, jerry fadden, kin, kin insurance, kin interinsurance network, mitchell rosenberg, private placement catastrophe bond, reciprocal insurance carrier
Kin, the direct-to-consumer home insurance company built for every new normal®, announced select preliminary operating results “through the fourth quarter ended December 31, 2022.” Kin finished 2022 “with $227.5 million in gross written premium, which represents a 117% increase in year-over-year growth.” Adjusted loss ratio… Read More
Read more in: Insurtech | Tagged angel conlin, cirect-to-consumer, home insurance, insurance, kin, kin insurance, progress report, sean harper, united states, update, us
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