Kin closes $175mn cat bond placement
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Kin closes $175mn cat bond placement

Jairo Ibarra
April 18, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
kin.jpg

InsurTech Kin announced it closed the private placement of a $175mn catastrophe bond via its reciprocal carrier, Kin Interinsurance Network.

Earlier this month, sister publication Trading Risk reported that the Chicago-based InsurTech was set to close its first-ever cat bond Hestia Re, with the final size well above the firm’s initial $100mn target.

Hestia

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
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article