Reinsurance News

Kita

Chaucer partners with Kita, Munich Re & RenRe to provide capacity

27th January 2023

Global specialty re/insurance group, Chaucer has announced its partnership with Kita, a carbon credit insurance specialist, to insure the delivery risk of carbon sequestration projects. The group is not only investing in Kita, but will also be providing lead underwriting capacity; follow capacity will be provided by Munich Re Syndicate and ... Read the full article

Carbon insurtech Kita raises £350k in pre-seed funding

9th June 2022

Insurance firm Kita has raised £350k in a round of pre-seed funding led by Insurtech Gateway. The round, which also included investors Carbon13, Climate VC, and Echelon Capital, was said by the firm in a statement to have been ‘oversubscribed’. It also said that the funding will be used to build and ... Read the full article