Twia to buy $2bn in cat bonds and reinsurance
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Twia to buy $2bn in cat bonds and reinsurance

Martha Muir
March 23, 2022
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The board of the Texas Windstorm Insurance Association (Twia) agreed yesterday to buy reinsurance cover of $2,036mn for the 2022 season, comprising catastrophe bonds and traditional reinsurance.

The was an increase of $106mn on the $1,930mn of limit placed for the 2021 season.

The cover is in excess $2,200mn of statutory funding, bringing Twia’s total cat funding for the season to $4,236mm.

The

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NewsTreaty Reinsurance
MM
Martha Muir
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