Twia

Twia’s reinsurance costs to be below budget

Gallagher Re said rates had softened in 2025 versus the prior two years.

Jai Singh, 07 May 2025
Twia estimates Beryl preliminary loss at $400mn

The board of directors has voted for a 10% rate hike.

Jai Singh, 07 August 2024
Twia set to push for higher cat fund minimums, in bid to lower reinsurance costs

The proposals include increasing either statutory or CRTF funds.

Shelby Rosenberg, 22 May 2024
Berkshire Hathaway takes up $400mn+ of Twia’s newly placed limit

This year, the association’s funding will come to $4.05bn with a $2.45bn retention.

Farhin Lilywala, 21 March 2024
Twia board sets $6.5bn PML, seeks $3.35bn in reinsurance

Twia’s actuarial and underwriting committee made the recommendation last week.

Hal Stucker, 20 February 2024
Twia proposes 1-in-100-year PML of $6.5bn for wind season

The suggested update to the PML is $2bn higher than last year.

Liz Bury, 14 February 2024

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