Alamo Re Ltd. Series 2026-1

The Texas Windstorm Insurance Association (TWIA) has raised the target size of its new Alamo Re Ltd. (Series 2026-1) catastrophe bond, with now between $600 million and $750 million of capital markets backed reinsurance limit being sought, we have learned from sources.

The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the State of Texas, has returned to the catastrophe bond market with an initial target to secure $450 million of capital markets backed reinsurance from an Alamo Re Ltd. (Series 2026-1) issuance, Artemis has learned.