{"id":779636,"date":"2022-04-19T08:01:18","date_gmt":"2022-04-19T06:01:18","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/"},"modified":"2023-07-10T22:10:46","modified_gmt":"2023-07-10T20:10:46","slug":"kin-closes-first-ever-175-million-multi-year-catastrophe-bond","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/","title":{"rendered":"Kin Closes First-Ever $175 Million Multi-Year Catastrophe Bond"},"content":{"rendered":"CHICAGO--(BUSINESS WIRE)--Kin Insurance today announced that the Kin Interinsurance Network, its reciprocal insurance carrier, has successfully closed a $175 million private placement catastrophe bond transaction. Kin entered into a multi-year reinsurance arrangement with Hestia Re Ltd., a newly established special purpose insurer in Bermuda (\u201cHestia Re\u201d), which will provide the Kin Interinsurance Network with indemnity-based coverage for large hurricanes and other named storms affecting the State of Florida.\n\n\n\n\u201cOur first catastrophe bond will be an integral part of Kin\u2019s broader reinsurance program which protects our company,\u201d said Angel Conlin, Chief Insurance Officer at Kin. \u201cThe transaction also highlights our strong suppor
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CHICAGO–(BUSINESS WIRE)–Kin Insurance today announced that the Kin Interinsurance Network, its reciprocal insurance carrier, has successfully closed a $175 million private placement catastrophe bond transaction. Kin entered into a multi-year reinsurance arrangement with Hestia Re Ltd., a newly established special purpose insurer in Bermuda (\u201cHestia Re\u201d), which will provide the Kin Interinsurance Network with indemnity-based […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-779636","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nKin Closes First-Ever $175 Million Multi-Year Catastrophe Bond - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kin Closes First-Ever $175 Million Multi-Year Catastrophe Bond - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CHICAGO--(BUSINESS WIRE)--Kin Insurance today announced that the Kin Interinsurance Network, its reciprocal insurance carrier, has successfully closed a $175 million private placement catastrophe bond transaction. Kin entered into a multi-year reinsurance arrangement with Hestia Re Ltd., a newly established special purpose insurer in Bermuda (\u201cHestia Re\u201d), which will provide the Kin Interinsurance Network with indemnity-based […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-19T06:01:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T20:10:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"Kin Closes First-Ever $175 Million Multi-Year Catastrophe Bond\",\"datePublished\":\"2022-04-19T06:01:18+00:00\",\"dateModified\":\"2023-07-10T20:10:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\"},\"wordCount\":424,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/kin-closes-first-ever-175-million-multi-year-catastrophe-bond\/\",\"name\":\"Kin Closes First-Ever $175 Million Multi-Year Catastrophe Bond - 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