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30 April 2025Reinsurance

TWIA goes to market: puts half of 2025 needs at top of tower

The Texas Windstorm Insurance Association (TWIA), the state’s residual insurer for hurricane risks, will close on $1.73 billion in new treaty reinsurance or cat bonds ahead of the June 1 renewal deadline, with the bulk of the new sums at the top of the group’s tower and very little rubbing up against its retention.

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