TWIA Committee Recommends $6.5B as PML for 2024 Storm Season February 16, 2024 The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on February 13 and voted unanimously to recommend the TWIA...
TWIA to Consider 1:100 PML for 2024 Storm Season at Upcoming Meeting February 6, 2024 The Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee will meet on Tuesday, Feb. 13 to discuss and potentially...
TWIA Board to Meet April 18 to Discuss Action on 2023 Reinsurance April 12, 2023 The Texas Windstorm Insurance Associated Board of Directors will meet Tuesday, April 18 to discuss taking possible action on the...
TWIA to Pursue $2.9B in Reinsurance for 2023 Storm Season January 19, 2023 By Ezra Amacher The Texas Windstorm Insurance Associated (TWIA) board of directors voted Thursday to authorize broker Gallagher Re to pursue $2.92 billion...
TWIA to Determine Probable Maximum Loss for 2023 Storm Funding January 19, 2023 By Ezra Amacher The Texas Windstorm Insurance Association (TWIA) Board is meeting Thursday, Jan. 19 to determine funding for probable maximum loss (PML)...
Property Catastrophe Reinsurers Show Greater Risk Appetites as Price Hikes Continue April 1, 2022 Reinsurers have boosted their 2022 probable maximum loss (PML) exposures as higher prices continues to attract more capital to property-catastrophe...
TWIA Board Chooses Aon For Catastrophe Modeling February 3, 2022 The Texas Windstorm Insurance Association Board voted Feb. 2 to select Aon to perform catastrophe modeling analysis to satisfy the...
Lloyd’s Has Potentially Large Exposure to Catastrophic Cyber Attack: Adsensa Review July 25, 2016 A review of almost 400 reinsurance contracts underwritten at Lloyd’s of London has revealed potentially significant vulnerabilities and exposures if...
Understanding Commercial Property Underwriting and ‘COPE’ February 3, 2015 By Christopher J. Boggs Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have...