Kin’s Hestia Re cat bond upsized to $150mn-$200mn
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Kin’s Hestia Re cat bond upsized to $150mn-$200mn

Kin Insurance Network’s Hestia Re catastrophe bond has upsized to $150mn-$200mn from the initial target of $100mn.

Pricing went higher to 950 basis points (bps) compared to the earlier range of 875-950 bps.

The updated price equates to a 4.2x

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