Twia approves 22% budget uplift to $485mn for 2025 storm season
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Twia approves 22% budget uplift to $485mn for 2025 storm season

The state insurer is budgeting for an extra 43% of overall coverage in 2025-26.

By Jai Singh
December 11, 2024
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Texas Windstorm Insurance Association’s (Twia) board of directors approved a budget of $485mn for spending on reinsurance in its 2025-26 program, according to materials from its meeting yesterday.

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Topics

NewsCollateralised reinsuranceILSRe/insurers
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