Sean Pavone/shutterstock.com_441927634

11 November 2024Reinsurance

TWIA may up reinsurance purchase by 43% for 2025 season

The Texas Windstorm Insurance Association (TWIA) will likely need to increase its reinsurance limit by some 43% to nearly $5.8 billion in 2025 as its mandatory probable maximum loss (PML) rises 20% and it faces down the next hurricane season with depleted reserves.

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

P&C revenue for Europe’s Big Four reinsurers shrinks by 9% in first half: Fitch

20 August 2026 Concerns over adverse development in US casualty books persist for Big Four: AM Best.

Howden Re appoints Nordic P&C specialist for European market push

20 August 2026 Strengthens Howden Re’s London-based international broking capabilities.

Global risk still needs Bermuda

20 August 2026 BDA CEO explains why capital alone won’t be enough as global risks become more interconnected.

More articles

Cyber claims value climbs over 600% in eight years; ransomware, malware largely to blame

Allstate SCS-season cat losses hit $2.4bn as July bill surges 3.7x

US rate filings hit the brakes as objections send business to E&S

Xceedance appoints former Convex COO to executive to board

Commercial softening spreads, but some tides may be turning: CIAB

P&C revenue for Europe’s Big Four reinsurers shrinks by 9% in first half: Fitch

Capital rush into US inland marine could squeeze pricing and margins

Marco Capital boosts specialist insurance services with Pro Global acquisition

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