FEMA estimate suggests Hurricane Ian likely to trigger NFIP’s reinsurance cover
Reinsurance News - Nov 11, 2022
The U.S. Federal Emergency Management Agency (FEMA) has estimated that Hurricane Ian could drive National Flood Insurance Program (NFIP) losses of between $3.5 billion to $5.3 billion, including loss adjustment expenses, which at the mid-point would trigger its reinsurance protection. FEMA has repor...
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