FEMA adds $619.5m in flood reinsurance at renewal, takes NFIP protection to $1.92bn
Reinsurance News - Jan 05, 2024
The U.S. Federal Emergency Management Agency (FEMA) has completed its 2024 traditional reinsurance placement for the National Flood Insurance Program (NFIP), transferring an additional $619.5 million of the NFIP’s financial risk to the private reinsurance market, for a total premium of $121.1 millio...
Recommended Articles
Posted: Apr 10, 2026
Gallagher Re, the reinsurance broking and advisory arm of Arthur J. Gallagher & Co., has announc...
Posted: Apr 10, 2026
Evercore ISI, the investment research arm of Evercore, has outlined a challenging backdrop for the p...
Posted: Apr 10, 2026
CopperPoint Mutual Insurance Holding Company, a provider of workers’ compensation and commercial ins...