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TWIA Board confirms new PML with ~$4bn reinsurance & cat bonds needed

The Board of the Texas Windstorm Insurance Association (TWIA) met today and has confirmed a 1-in-100 year PML for 2024 funding purposes at a new high of

United statesBoard of the texas windstorm insurance associationTexas windstorm insurance associationActuarial committeeGallagher securities

TWIA Board confirms new PML with ~$4bn reinsurance & cat bond purchase needed

The Board of the Texas Windstorm Insurance Association (TWIA) met today and has confirmed a 1-in-100 year PML for 2024 funding purposes at a new high of

United statesBoard of the texas windstorm insurance associationTexas windstorm insurance associationActuarial committeeGallagher securities

Best of Artemis, week ending February 18th 2024

Here are the ten most popular news articles, week ending February 18th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk

New yorkUnited statesPeter zaffinoHenry mcveyPhilippe trahanTexas windstorm insurance associationCommittee of unsecured creditorsGroup holdingsOntario teacher pension planManaging directorVesttoo chapterAlternative riskOfficial committeeUnsecured creditorsClear blue insuranceVesttoo bay

TWIA Committee Recommends $6 5B as PML for 2024 Storm Season

The Texas Windstorm Insurance Association's Actuarial & Underwriting Committee met on February 13 and voted unanimously to recommend the TWIA Board of

United statesTexas windstorm insurance association actuarial underwriting committeeTexas windstorm insurance associationUnderwriting committee

TWIA reinsurance & cat bond target could be even higher at $4bn for 2024

The Texas Windstorm Insurance Association (TWIA) could need even more reinsurance limit for the 2024 wind season, as its exposure growth drove its

United statesTexas windstorm insurance associationCatastrophe reserve trust fundUnderwriting committee

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