The insurer forecasts a need for $2.3bn of risk transfer in 2026, down from $4.227bn this year
TWIA's reinsurance and cat bond need could decline 46% | | | TWIA projects reinsurance and cat bond need could decline 46% to $2.3bn for 2026  The Texas Windstorm Insurance Association (TWIA) is now projecting that the amount of reinsurance and catastrophe bonds it may require for the 2026 wind season could be roughly 46% lower than this year's program, with $2.3 billion of limit the current forecast, down from the current year's $4.227 billion. The current projection for minimum required funding, under a new 1-in-50 PML metric, is for it to drop to $4.5 billion for 2026. With $2 billion of statutory funding and an estimated $200 million in the replenished Catastrophe Reserve Trust Fund (CRTF), it means the reinsurance and cat bond need for 2026 could be just $2.3 billion. 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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