Shutterstock.com_441927634/Sean Pavone
22 October 2025Reinsurance

TWIA gets cat model relief, but 10% exposure gain tips the PML scale

The Texas Windstorm Insurance Association TWIA, the state's residual insurer, has seen a 10.1% increase in exposure since it last set its statutory PML target, the tipping factor against cat model updates that are otherwise forgiving for the coastal cat insurer.

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