FEMA Renews $1.3 Billion Reinsurance for Flood Program with 27 Carriers

Sat, 01/11/2020 - 13:15
by Andrew Simpson of Insurance Journal

The Federal Emergency Management Agency (FEMA) FEMA reported its 2020 traditional reinsurance placement for the National Flood Insurance Program (NFIP) in a transaction in which 27 private reinsurers assumed $1.33 billion of NFIP’s financial risk.

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