Kin Insurance has completed its reinsurance placements for the term covering June 1, 2025, through May 31, 2026, for the reciprocal exchanges it manages—Kin Interinsurance Network and Kin Interinsurance Nexus Exchange.
In Florida, Kin secured $1.4bn in reinsurance protection against natural catastrophes, reinforcing its position in one of the most disaster-exposed regions in the U.S.
For its rapidly expanding non-Florida markets—excluding California—the company arranged over $250mn in coverage to support operational growth and maintain stability.
In California, Kin structured its reinsurance program to address the risks of severe earthquakes and wildfires, aiming to ensure adequate financial backing in a state known for high catastrophe exposure.
The company noted that all programs were secured at favorable economic terms and are structured to exceed regulatory coverage requirements.
Kin stated that its approach reflects a continued commitment to disciplined risk management and financial strength.
Kin partnered with a group of 44 reinsurers, all holding financial ratings of A- or higher from AM Best or being fully collateralized. The programs are also supported by 29 catastrophe bond investors, reflecting the firm’s diversified approach to reinsurance sourcing.
Angel Conlin, Chief Insurance Officer at Kin, highlighted the sustained support from its reinsurance partners. She attributed this outcome to Kin’s data-driven underwriting practices and strong claims management capabilities amid growing climate-related risks.
We are incredibly pleased to have successfully completed our annual reinsurance placement with such strong support from our long-standing partners. This consistent backing is a testament to the effectiveness of our data-driven underwriting, and our proven ability to handle claims responsively, especially in the face of evolving climate risks.
Kin Chief Insurance Officer, Angel Conlin
Conlin stated the placement underscores Kin’s strategy for catastrophe exposure management and reinforces its overall financial stability.
