FEMA adds top layer with $1.32bn NFIP reinsurance cover
The US Federal Emergency Management Agency (FEMA) has renewed its cover for the National Flood Insurance Program (NFIP) in a deal that sees it transfer $1.32bn of the NFIP’s financial risk to the private reinsurance market.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below