The Texas Windstorm Insurance Association (TWIA) Board of Directors directed Association staff to secure total funding for the 2022 hurricane season in the amount of $4.236 billion through a combination of catastrophe reinsurance (cat bonds and/or traditional reinsurance) and the funding provided in TWIA’s enabling statute. The Board received a presentation from Aon on catastrophe… Continue reading TWIA Board Directs Reinsurance Purchase for $4.2B in Total 2022 Hurricane Season Funding
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