Alamo Re Ltd. Series 2019-1

The latest catastrophe bond to be sponsored by the Texas Windstorm Insurance Association (TWIA), the $200 million Alamo Re Ltd. (Series 2019-1) transaction, is set to price at the mid-point of initial guidance, we’re told.

The Texas Windstorm Insurance Association (TWIA) is back in the capital markets seeking another at least $200 million of collateralized reinsurance protection from a new Alamo Re Ltd. (Series 2019-1) transaction.