TWIA targets $2.9bn in reinsurance for 2023 storm season, taking total funding to $5.2bn
Reinsurance News - Jan 20, 2023
The Board of the Texas Windstorm Insurance Association (TWIA) has voted to purchase $2.9 billion in reinsurance for 2023, which combined with $2.28 billion in statutory funding, would take the association’s total funding for the upcoming storm season to $5.2 billion. During yesterday’s m...
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