Twia
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The carrier’s mega bond is seeking coverage for Texas named storm. -
This year, the association’s funding will come to $4.05bn with a $2.45bn retention.
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Twia’s actuarial and underwriting committee made the recommendation last week.
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The expected spend is around 33% higher than Twia had budgeted.
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The suggested update to the PML is $2bn higher than last year.
