Hestia Re Ltd Series 2022-1

Share

Kin sees $175m Hestia Re cat bond as “integral” to reinsurance program

Kin Insurance's debut $175 million Hestia Re Ltd. (Series 2022-1) catastrophe bond issuance is expected to be an "integral" component of the fast-growing insurtech's reinsurance tower, according to its Chief Insurance Officer. Commenting on the completion of the companies first catastrophe bond, which Artemis first reported on a month ago, Kin read the full article →

Kin bolsters surplus by $20m to meet Demotech requirements

We've learned that direct-to-consumer and fast-growing insurtech Kin bolstered the surplus capital of its main carrier operating in Florida by $20 million in order to meet Demotech's requirements for its rating affirmation recently. Kin has just completed the sponsorship of its first catastrophe bond transaction and we understand from sources that read the full article →

Kin secures $175m of Florida hurricane reinsurance with debut cat bond

Direct-to-consumer and fast-growing insurtech Kin Insurance has now priced its debut Hestia Re Ltd. (Series 2022-1) catastrophe bond issuance at a size of $175 million, with the coupon investors will receive finalised at the top-end of initial guidance. Kin's debut catastrophe bond now provides a marker for how Florida wind reinsurance read the full article →

Kin lifts debut Hestia Re cat bond target, now up to $200m

Direct-to-consumer and fast-growing insurtech Kin Insurance is aiming to upsize its first catastrophe bond issuance, with its target for the Hestia Re Ltd. (Series 2022-1) issuance now set between $150 million and as much as $200 million of Florida hurricane reinsurance protection. Kin entered the catastrophe bond market earlier in March read the full article →

Insurtech Kin targets debut cat bond with $100m Hestia Re deal

Direct-to-consumer and fast-growing insurtech Kin Insurance is entering the catastrophe bond market for the first time, seeking $100 million of Florida hurricane reinsurance protection with a Hestia Re Ltd. (Series 2022-1) issuance. The ultimate beneficiary of the reinsurance coverage and the ceding insurer for this Hestia Re Ltd. catastrophe bond, is read the full article →