At $2.1bn, cat bonds will be TWIA’s biggest source of funding for 2024
3rd May 2024For 2024, the funding tower of residual market insurer the Texas Windstorm Insurance Association (TWIA) will see catastrophe bonds as its largest component, providing 32% of the funding limit needed to meet the statutory 1-in-100 year probable maximum loss for the coming hurricane season.
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