TWIA board approves 1-in-100 year PML of $6.5bn for 2024 storm season
Reinsurance News - Feb 20, 2024
The Board of the Texas Windstorm Insurance Association (TWIA) recently voted in favour of the Actuarial and Underwriting Committee’s recommendation to set the 1-in-100 year PML for the 2024 storm season at $6.5 billion. We wrote last week that the Committee voted to recommend the Board uses a...
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