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25 February 2026Reinsurance

A jittery Texas TWIA will give it a go on a cat tower to the 1-in-50

Texas residual windstorm insurer TWIA will try its luck with a reinsurance tower built to a 1-in-50 return period and a lightly tweaked retention, and was told to expect a 10% rate cut or more for comparable tower levels, a seemingly jittery and uncertain board of governors has determined.

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