The Texas Wind Insurance Association (Twia) renewed its $2.1bn in annual cover this past June, but an “extremely challenging reinsurance market” contributed to costs significantly overrunning the state-backed carrier’s original budget.
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The Texas Wind Insurance Association (Twia) renewed its $2.1bn in annual cover this past June, but an “extremely challenging reinsurance market” contributed to costs significantly overrunning the state-backed carrier’s original budget.
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