Texas insurer of last resort TWIA could up reinsurance cover by 24%

12-01-2023

Texas insurer of last resort TWIA could up reinsurance cover by 24%

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The Texas state insurer of last resort, the Texas Windstorm Insurance Association (TWIA), may seek as much as a 24% increase in reinsurance cover to $5.24 billion via its cat bond and mid-year renewal programme, early indications from the group's renewal planning suggest.


Reinsurance, Property Catastrophe, Texas Windstorm Insurance Association, Alamo Re, July Renewals, Catastrophe Bonds, Texas, US

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