Kin enhances its reinsurance program, protecting customers most vulnerable to climate-related risks


CHICAGO–(BUSINESS WIRE)–Kin Insurance today announced that the Kin Interinsurance Network, its reciprocal insurer, has finalized its reinsurance program for the period June 1, 2022 to May 31, 2023.

Kin’s enhanced reinsurance program is backed by 40 industry-leading reinsurers, including eight new partners, all of whom have a financial rating of A- or better by AM Best. Kin’s reinsurance program provides 160 years of first-event loss protection, or $770 million in hurricane reinsurance coverage.

“Despite a home insurance market that continued to tighten, we successfully completed our reinsurance program,” said Angel Conlin, director of insurance at Kin. “This is a testament to our strong relationships with our reinsurance partners who have helped us bring our unique underwriting approach and steadfast commitment to protecting policyholders in the capital markets.”

This reinsurance placement represents a 150% increase over 2021 and will help Kin meet its obligations to its customers. In addition to providing better catastrophe protection, Kin’s reinsurance program further enhances its ability to provide quality support and manage risk for homeowners who are most exposed to the growing impact of climate change. By 2040, the cost of property lost to natural disasters, such as wildfires, floods and hurricanes, could increase by more than 60% in the United States due to climate change.

This announcement follows Kin’s first catastrophe bond. Kin’s reinsurance program applies to all states and policies in the Kin Interinsurance network.

About Kin

Kin is the home insurance company for every new normal. By leveraging proprietary technology, Kin offers fully digital home insurance with an elegant user experience, accurate pricing, and fast, high-quality claims service. Kin offers homeowners, landlords, condominiums and mobile homes insurance through the Kin Interinsurance Network (KIN), a reciprocal exchange owned by its customers who share underwriting profits. Due to its efficient technology and direct-to-consumer model, Kin offers affordable pricing without compromising coverage. To learn more, visit


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