shutterstock_441927634

14 February 2024Reinsurance

TWIA pushes for major PLM increase to $6.5bn for 2024 storm season

Texas’ insurer of last resort, the Texas Windstorm Insurance Association (TWIA), has recommended that its board of directors set $6.5 billion as the association’s 1:100 probable maximum loss (PML) for the 2024 storm season.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Aussie terror pool cuts retro cover at latest renewal

16 February 2026 ARPC cut limit and hiked retention after underlying cover expanded to state-sponsored risk.

Miller continues Asia push with treaty expert

16 February 2026 Treaty head brings expertise from Gallagher Re and Guy Carpenter.

Sompo International cuts 7 pts from CoR after 9M, major boost in reinsurance

13 February 2026 Reduced nat cats accounted for about half of the YoY margin improvement.

More articles

Zurich gets extension to close Beazley deal

Enstar to acquire AF Group, maintains stable outlook

Aussie terror pool cuts retro cover at latest renewal

Marsh Risk picks 20-year stalwart to run Canadian unit

Howden strengthens mainland China leadership brief

Miller continues Asia push with treaty expert

Ryan Specialty sees property pricing as ‘big headwind’ this year

Sompo International cuts 7 pts from CoR after 9M, major boost in reinsurance

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze