Texas state insurer seeks $2.9bn reinsurance renewal, shields policyholders

20-01-2023

Texas state insurer seeks $2.9bn reinsurance renewal, shields policyholders

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The Texas insurer of last resort, the Texas Windstorm Insurance Association (TWIA), moved to buy $2.92 billion in reinsurance coverage on the market at the pending renewal, but shielded policyholders from a portion of the sum.  


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

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