The Texas Windstorm Insurance Association (Twia) expects to pay an insurance coupon of 450 basis points (bps) for its new Alamo Re cat bond, as pricing settled in the midpoint of its target range.
The Texas Windstorm Insurance Association (Twia) expects to pay an insurance coupon of 450 basis points (bps) for its new Alamo Re cat bond, as pricing settled in the midpoint of its target range.