Kin Insurance, a direct-to-consumer digital home insurance company focused on providing cover in regions exposed to severe weather risks, has completed its largest catastrophe bond transaction to date.
The agreement, arranged through Hestia Re Ltd. (Series 2026-1), totals $335 million across four separate bonds and is intended to provide long-term financial protection for homeowners in the event of major storms.
The company said catastrophe bonds allow institutional investors to provide financial backing that can be used if insured losses from severe weather exceed an agreed level.
According to Kin Insurance, this latest transaction represents its fourth catastrophe bond placement and its strongest performance so far in terms of scale, investor demand and pricing.
“This is our fourth catastrophe bond, and with each one, the terms improve while investor demand grows,” commented Kin Founder and CEO Sean Harper. “This year’s deal is our largest yet, covering more of the country than ever before, and achieving our best pricing to date. Our CAT bonds have historically outperformed other similar CAT bonds, which drives investor demand.”
Kin Insurance stated that this year’s arrangement introduces several developments compared with previous transactions. The company said the protection now extends beyond Florida for the first time, covering additional states where it currently operates as part of its wider national expansion.
The insurer also reported strong investor interest in one of the most exposed layers of the transaction, which would respond first in the event of significant storm-related losses. Kin Insurance said this level of support reflects confidence in the company’s underwriting strategy and approach to selecting risk.
According to the company, the transaction attracted its largest number of institutional investors to date, which it described as further evidence of confidence in its operating model and long-term growth plans. Kin Insurance also said the pricing achieved was the most favourable in the company’s history, adding that investors priced the bonds competitively relative to expected losses.
Kin Insurance said the latest agreement demonstrates continued market support for its portfolio, distribution capabilities and risk management practices.
“This catastrophe bond reinforces our commitment to protecting policyholders for years to come,” added Kin Chief Insurance Officer Angel Conlin. “The terms reflect both the quality of our risk selection and the trust the market places in our platform.”
The company noted that reinsurance remains a key part of its financial structure, particularly as it provides cover in areas vulnerable to hurricanes, wildfires and other extreme weather events. Kin Insurance said it uses a combination of capital market solutions and traditional reinsurance arrangements to strengthen financial resilience and support policyholder protection.
The transaction was facilitated by insurance-focused investment banking team Howden Capital Markets & Advisory, alongside Howden Re.
Kin Insurance also highlighted its customer satisfaction ratings, stating that as of 6 May 2026 it held a 4.7 out of 5 score on Google based on more than 8,591 customer reviews, an A+ rating and 4.8 out of 5 score with the Better Business Bureau from 1,458 reviews, and an “Excellent” 4.9 out of 5 rating on Trustpilot based on 7,386 customer reviews.
Further details on the transaction are available on the Artemis deal page covering the placement.
The post Kin Insurance secures record $335m catastrophe bond deal appeared first on ReinsuranceNe.ws.
