Alamo Re Ltd

Share

TWIA pleased with $2.1bn pro-rata reinsurance & cat bond program

The Texas Windstorm Insurance Association (TWIA) has successfully secured its planned $2.1 billion reinsurance and catastrophe bond program for the 2019 hurricane season, saying it is pleased with the placement as both reinsurance and new Alamo Re cat bonds were well-received.At the same time, TWIA has successfully shifted its reinsurance read the full article →

TWIA’s new $200m Alamo Re 2019 cat bond set for mid-point pricing

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 state residual market insurer returned for its fifth Alamo Re catastrophe bond transaction recently, read the full article →

TWIA seeks $200m of cat bond reinsurance cover with Alamo Re 2019

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.This will be the Texas state residual market insurers' fifth Alamo Re catastrophe bond transaction and the fourth year in read the full article →

TWIA targets at least $2.1bn of reinsurance & cat bonds for 2019

The Texas Windstorm Insurance Association (TWIA) will aim to secure at least $2.1 billion of protection from the global reinsurance and insurance-linked securities (ILS) market for the 2019 hurricane season, taking its total claims-paying capacity to at least $4.2 billion.TWIA's Board this week approved its staff to go to market read the full article →

New 2018 reinsurance & cat bonds help TWIA support its policyholders

The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the Texas coast, completed a successful 2018 reinsurance placement recently with the combined coverage of catastrophe bonds and traditional coverage helping to ensure it is there to support its policyholders when disasters strike.TWIA’s 2018 reinsurance and funding program, read the full article →

TWIA secures $400m Alamo Re cat bond at 13% lower pricing

The Texas Windstorm Insurance Association (TWIA) has successfully secured the pricing of its new Alamo Re Ltd. (Series 2018-1) multi-peril catastrophe bond at the increased target size of $400 million, while the coupon settled 13% lower than the initial mid-point of price guidance.This is TWIA’s fourth cat bond and the read the full article →

TWIA’s new Alamo Re 2018 cat bond could upsize to $400m

The latest catastrophe bond issuance sponsored by the Texas Windstorm Insurance Association (TWIA) could be set to increase in size, as we understand that the Alamo Re Ltd. (Series 2018-1) multi-peril cat bond is now targeting up to $400 million of collateralized reinsurance for the residual market property insurer.It's TWIA's read the full article →

TWIA’s reinsurance to grow 24% to $2.6bn, as Harvey loss rises

The Texas Windstorm Insurance Association (TWIA) is set to procure a new $1.4 billion layer of reinsurance and catastrophe bonds in 2018, taking its overall private market program to $2.6 billion, a 24% increase from the size of its program a year ago, helping to cover a funding gap created read the full article →

TWIA returns for $300m+ Alamo Re 2018 multi-peril cat bond

The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the state, is returning to the catastrophe bond market with a fourth transaction in its Alamo Re series of deals, a $300 million or greater Alamo Re Ltd. (Series 2018-1) multi-peril cat bond.This fourth cat bond from TWIA read the full article →

TWIA to put cat bonds & reinsurance at heart of 2018/19 funding

The Texas Windstorm Insurance Association (TWIA), the largely coastal residual market property insurer in the state, is to return to the catastrophe bond and reinsurance market to secure a new program for 2018, which could result in more capacity being purchased after some of its financial protection has been eroded read the full article →