TWIA to start reinsurance renewal process amid need for additional $1bn in limit for 2024

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Reinsurance News - Dec 13, 2023

Staff at the Texas Windstorm Insurance Association (TWIA) explained that the wind and hail insurer of last resort for the state of Texas requires approximately $1 billion more in reinsurance funding for 2024 when compared with 2023, as exposure growth persists. TWIA’s Board noted previously th...

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