Kin, the direct-to-consumer home insurance company built for every new normal®, today announced that it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022.

Global reinsurer Swiss Re has reported that insured losses resulting from natural and man-made catastrophes in 2022 totalled $132 billion with economic losses surpassing double this amount at $284 billion.