Kin improves adjusted LR by 17.6% in Q3, grows YTD managed premiums fourfold to $79mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Kin improves adjusted LR by 17.6% in Q3, grows YTD managed premiums fourfold to $79mn

Giovanna Bellotti Azevedo
November 10, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Kin logo Chicago.jpg

InsurTech Kin Insurance reported an 89.8% adjusted loss ratio for the third quarter, marking a 17.6 point improvement over same quarter last year, the company said.

Hurricane Ida contributed 25.4 points to the adjusted loss ratio, with other PCS cat events contributing 8.9 points.

“Historically, the third quarter tends to have higher loss ratios, driven by larger amounts of extreme weather, only to be improved upon...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News InsurTech Earnings
Giovanna azevedo headshot new.jpg
Giovanna Bellotti Azevedo
Editor
Gift this article