TWIA seeks $250mn of cat bond cover with Alamo Re deal
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TWIA seeks $250mn of cat bond cover with Alamo Re deal

Alex Frampton
12 May 2021
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The Texas Windstorm Insurance Association (TWIA) will seek $250mn of cat bond cover with a new Alamo Re deal, which will be fronted by Hannover Re.

In March, the state-backed carrier said it was considering adding $1bn to its targeted $1.9bn of reinsurance and catastrophe bond coverage for the 2021 hurricane season.

The

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Topics

Catastrophe bondsNewsHurricaneWeatherHannover Re(Re)insurers
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Alex Frampton
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