Kin Insurance: Kin secures $300m of Florida named storm reinsurance

Kin Interinsurance Network, one of the reciprocal exchanges managed by digital home insurance provider Kin, has closed a $300 million catastrophe bond transaction through Hestia Re Ltd. According to Kin, the new cat bond, which provides multi-year indemnity-based protection against named storms in Florida, was upsized 50% from the initial 2025 offering. The transaction features [...] The post Kin secures $300m of Florida named storm reinsurance appeared first on ReinsuranceNe.ws.