TWIA reinsurance renewal proceeds at pace. $750m placed, plus $1.4bn cat bond
Reinsurance News - May 03, 2024
With the Texas Windstorm Insurance Association (TWIA) requiring its largest reinsurance purchase on-record given its significant exposure growth, the residual market insurer is making rapid progress, with $750 million of its traditional reinsurance needs already secured in April. That is on top of a...
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