TWIA Board approves 22% increase in reinsurance budget for 2025

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Reinsurance News - Dec 10, 2024

At today’s Board meeting, staff at the Texas Windstorm Insurance Association (TWIA) approved the 2025 budget, which includes $485 million of ceded premiums, up on 2024’s $397 million, amid continued exposure growth and a subsequent lift in its projected 1-in-100 year probable maximum los...

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