Exposure growth could see TWIA look to increase reinsurance limit by 66% for 2024
Share!
Reinsurance News - Feb 12, 2024
Policies in-force at the Texas Windstorm Insurance Association (TWIA) continue to rise, and combined with inflationary effects pushing up exposed values, the insurer of last resort might look to secure a 65.7% increase in reinsurance limit for 2024. In December, we reported that TWIA had been advise...
Recommended Articles
Fitch expects reinsurers to seek double-digit US casualty rate rises at Jan 1
Posted: Sep 16, 2024
Fitch Ratings, the credit rating agency, has reported that reinsurers will likely push for double-di...
Anthony Lamb promoted to Global Underwriting Manager, Marine, AXA XL
Posted: Sep 16, 2024
AXA XL, the property & casualty (P&C) and specialty risk division of global insurer AXA, has...
KCC estimates Hurricane Francine privately insured loss at close to $1.5bn
Posted: Sep 16, 2024
Privately insured losses from Hurricane Francine have been initially estimated as close to $1.5 bill...