News & Analysis Results

Target for TWIA’s Alamo Re 2017-1 cat bond lifted to $400m

News 22nd May 2017

The Texas Windstorm Insurance Association’s (TWIA) target for its third catastrophe bond transaction, Alamo Re Ltd. (Series 2017-1), has been lifted while the deal is being marketed, with the insurer now seeking up to $400 million of reinsurance coverage and at keener pricing, as the guidance has now been lowered.

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TWIA seeks $250m of protection from new Alamo Re 2017-1 cat bond

News 15th May 2017

The Texas Windstorm Insurance Association (TWIA) is returning to the catastrophe bond market for its third transaction, a $250 million Alamo Re Ltd. (Series 2017-1) deal, which again sees Hannover Re acting as the sponsor, but this time the cat bond will cover TWIA for losses from Texas severe thunderstorms for the first time, alongside […]

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