TWIA paid 19% more for 2020 reinsurance cover
The Texas Windstorm Insurance Association (TWIA) paid $107.5mn for its $2.1bn traditional reinsurance and cat bond programme that incepted at 1 June, above its budgeted cost of $93.1mn.
The Texas Windstorm Insurance Association (TWIA) paid $107.5mn for its $2.1bn traditional reinsurance and cat bond programme that incepted at 1 June, above its budgeted cost of $93.1mn.