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InsuranceLinked Securities North America

TWIA moves to strengthen Cat Trust Fund

  • Analysis

The board of the Texas Windstorm Insurance Association (TWIA) has voted to apply for a 10% rate increase that would take effect from February next year as the facility tries to rebuild its Catastrophe Trust Fund, which has been wiped out by the storms of recent years.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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