Kingstone Finalizes 2026‑2027 Catastrophe Reinsurance Program, Increases Loss Limit To $500M
Kingstone Companies Incorporated
Kingstone Companies Incorporated KINS | 0.00 |
Kingstone Companies, Inc. (NASDAQ:KINS) ("Kingstone" or the "Company"), a regional property and casualty insurance holding company, today announced that its catastrophe reinsurance program for the period July 1, 2026 through June 30, 2027 has been finalized.
Key Highlights
- Increased loss limit to $500 million, a 14% increase from 2025-2026
- Maintained low first-event retentions of $3.5 million for wildfire, $5 million for named storm and $6 million for winter storm
- Reduced the cost of core catastrophe excess of loss coverage by more than 15% on a risk-adjusted basis