Kin Insurance GWP leaps 230% YoY to $54mn
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Kin Insurance GWP leaps 230% YoY to $54mn

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Homeowners' InsurTech Kin Insurance has reported $54.1mn in gross written premium (GWP) for Q1, marking a 230% jump from the $16.4mn posted for Q1 last year, in a trading update that also shows a substantial improvement to its adjusted loss ratio.

Kin disclosed only a select set of metrics in its preliminary operating results for the first quarter.

The results show that 98% ($52.9mn)

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