TWIA could scale back reinsurance following loss funding mandate decrease
Reinsurance News - Jul 15, 2025
A new law in Texas has significantly lowered the loss funding requirements for the Texas Windstorm Insurance Association (TWIA), shifting the standard from coverage for a 1-in-100-year storm event to just a 1-in-50-year event, meaning it may scale back its purchases of reinsurance and other forms of...
Recommended Articles
Posted: Sep 15, 2025
The global insurance and reinsurance markets are “all in this together” and as disciplin...
Posted: Sep 15, 2025
Allianz UK, part of the financial services group Allianz SE, has introduced a generative AI tool, BR...
Posted: Sep 15, 2025
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of...