Kingstone increases catastrophe reinsurance limit to $500 million

Kingstone Insurance has completed its 2026/2027 catastrophe reinsurance placement, increasing its limit to $500 million, adding wildfire coverage, and reducing the risk-adjusted cost of its core catastrophe excess of loss coverage by more than 15%.

The program includes over 34 reinsurers, including six new participants, and supports the company’s goal of reaching $500 million in annual written premium by the end of 2029.

“We raised the limit purchased, added wildfire to the mix and improved terms, while the cost of our core catastrophe excess of loss coverage decreased more than 15% on a risk-adjusted basis.” – Meryl Golden, President and CEO of Kingstone.

Founded in 1886, Kingstone is a regional P&C insurer that offers homeowners insurance through retail and wholesale agents and brokers. The company was the 11th-largest homeowners insurer in New York in 2025 and also writes non-admitted homeowners business in California.