Texas Windstorm Insurance Association

The Texas Windstorm Insurance Association (TWIA) is set to lower the attachment probability of its $400m Alamo Re Ltd. (Series 2014-1) catastrophe bond at the annual reset, in order to slot the cover it provides between the two tranches of its new Alamo Re Ltd. (Series 2015-1) offering.

The Texas Windstorm Insurance Association (TWIA) is returning to the catastrophe bond market, as expected, with its largest transaction to date, a proposed $450m two tranche Alamo Re Ltd. (Series 2015-1) offering.

The Actuarial and Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) has just completed its latest meeting, at which the committee resolved to pursue a 2015 reinsurance renewal that can include a new Alamo Re catastrophe bond.

The Texas Windstorm Insurance Association (TWIA), the insurer of last resort for Gulf Coast property owners in the state, has begun planning for its 2015 reinsurance renewal, which could include another Alamo Re catastrophe bond.

Showing that it’s not all about reinsurance, catastrophe bonds and ILS when building a diversified capital base to pay claims from catastrophic events, the Texas Windstorm Insurance Association (TWIA) has added $500m of pre-event Class 1 bonds to its coverage.

The Texas Windstorm Insurance Association (TWIA) got the best out of the ILS market with its first catastrophe bond transaction, Alamo Re Ltd. (Series 2014-1), allowing it to diversify its reinsurance while benefiting from capital market features.

The Texas Windstorm Insurance Association (TWIA) appreciates the diversification that its recently completed first catastrophe bond transaction, Alamo Re Ltd. (Series 2014-1), provides to its risk transfer program.

The Texas Windstorm Insurance Association’s (TWIA) first catastrophe bond, the $400m Texas named storm Alamo Re Ltd. (Series 2014-1) cat bond, has priced at the lowest end of the reduced and narrowed coupon guidance.

The Texas Windstorm Insurance Association’s (TWIA) first catastrophe bond, Alamo Re Ltd. (Series 2014-1), looks set to hit its $400m target as the deal upsizes, while at the same time the pricing guidance has been lowered Artemis understands.

The first catastrophe bond to be sponsored by the Texas Windstorm Insurance Association (TWIA), Alamo Re Ltd. (Series 2014-1), would be exposed to a Texas hurricane as severe as 2008’s hurricane Ike according to new information on the deal.