Kin places $770mn reinsurance program
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Kin places $770mn reinsurance program

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Kin Insurance has placed $770mn of first-event hurricane reinsurance cover for 2022, expanding its program by 150% compared to what it placed last year.

The use of the phrase “reinsurance coverage for hurricanes” in its statement seems to imply that it does not have coverage for other perils, including severe convective storm, which was an area that many reinsurers were pulling back on...

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