The Texas Windstorm Insurance Association (TWIA) has increased its target amount of reinsurance protection for the 2020 catastrophe year to $2.1 billion, with the Board directing TWIA staff to place a mix of traditional reinsurance and catastrophe bond protection. In December of last year, TWIA said that it expects to purchase an aggregate amount of… Continue reading TWIA Raises 2020 Reinsurance Target to $2.1 Billion
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