Twia to target ~$1bn of additional reinsurance
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Twia to target ~$1bn of additional reinsurance

Jai Singh
13 December 2023
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The board of the Texas Windstorm Insurance Association (Twia) has voted unanimously to engage Gallagher Re for its 2024-25 reinsurance placement as it noted the need to increase limit.

Jim Murphy, chief actuary at Twia, said: “We will need a lot of additional reinsurance when the board makes its final decision in February.

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