TWIA lifts Alamo Re 2020 cat bond target to $300m-$400m

The Texas Windstorm Insurance Association (TWIA) has lifted its target for the recently launched Alamo Re II Pte. Ltd. (Series 2020-1) catastrophe bond issuance, with as much as $400 million of reinsurance capacity from the capital markets now on the cards. TWIA returned to the catastrophe bond market last week with a new issuance for…

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