The Texas Windstorm Insurance Association (Twia) has estimated Hurricane Beryl losses at $455mn as of 30 September, according to the state office, which is roughly equivalent to the current balance in its Catastrophe Reserve Trust Fund (CRTF).
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Twia estimates Beryl losses equivalent to cat fund balance at $455mn
Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.