Fannie Mae’s $338.6m credit insurance risk transfer with 26 re/insurers
Reinsurance News - Oct 25, 2024
Fannie Mae, a government-sponsored enterprise (GSE), has announced that 26 re/insurers are supporting its seventh Credit Insurance Risk Transfer transaction of the year, CIRT 2024-L4, which effectively transferred $338.6 million in mortgage credit risk. This transaction allows for faster release of...
Recommended Articles
Posted: Oct 25, 2024
The reinsurance market is constructed to handle major events like hurricane’s Helene and Milto...
Posted: Oct 25, 2024
In a time characterised by hybrid work arrangements, evolving workplace cultures, and heightened att...
Posted: Oct 25, 2024
Arthur J. Gallagher & Co. has acquired London-based investment consulting firm Redington. Servin...