twia
Guy Carpenter Retains TWIA in Close Vote, “On Notice” for Hail and Capital Market Reinsurance Moves Paid Members Public
Story Updated Below Reinsurance intermediary Guy Carpenter has retained its long standing and lucrative business with the Texas Windstorm Insurance Association (TWIA), beating finalists Holborn and Willis. However, board members and staff said that they expect the broker to bring “creative” ideas to the table as depopulation and hail become
Texas to Explore Reinsurance Boost, Cat Bond Reset and Broker RFP Paid Members Public
The Texas Windstorm Insurance Association (TWIA) will consider upping its reinsurance purchase by $100 million, including a reset of its existing catastrophe bond lineup, as it prepares for the June 1 renewal. Separately, the wind pool will send out its reinsurance broker mandate for review with RFPs hitting the market
Texas Votes to $130M Spend for 2015 Cat Reinsurance Paid Members Public
The board for the Texas Windstorm Insurance Association (TWIA) voted Tuesday to spend up to $130 million on reinsurance during the next windstorm season, with the caveat that the upcoming spring storms do not constrain the budget prior to the buy. “I think this is an opportunity for TWIA to
