Twia declines extra $1bn of reinsurance for 2021 but mulls cat bond upsize
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Twia declines extra $1bn of reinsurance for 2021 but mulls cat bond upsize

Rachel Dalton
19 May 2021
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Severe thunderstorm lowering cloud threatens tornado

The Texas Windstorm Insurance Association (Twia) has decided not to seek an additional $1bn as part of its reinsurance purchase for 2021.

The association may, however, increase the size of its new $250mn cat bond offer thanks to “very healthy” market conditions.

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Topics

Catastrophe bonds Catastrophe losses
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Rachel Dalton
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