Statutory funding requirements have been halved to the 1-in-50 year level
TWIA reinsurance and cat bond tower may shrink | | | TWIA reinsurance and cat bond tower may shrink as loss funding mandate drops to 1-in-50 year  Recent legislative changes enacted in Texas have halved the state mandated calculation for the amount of loss funding the Texas Windstorm Insurance Association (TWIA) is required to have in place, from a 1-in-100 year minimum, down to a 1-in-50 year, which may result in less reinsurance and catastrophe bonds being purchased in 2026. Using the same models and weightings as the PML was calculated at 1-in-100 year for 2025, at the 1-in-50 year level the PML would drop significantly to $3.781 billion, TWIA staff discussed at a meeting yesterday. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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