TWIA could need 43% more limit in 2025 to track exposure growth and depleted funding
Published: Mon 18 Nov 2024
The Texas Windstorm Insurance Association (TWIA) has projected total reinsurance limit purchased in 2025 could be as high as $5.8bn including rolled over cat bond capacity, up 43 percent year on year based on a higher exposure base and the impact of Hurricane Beryl.