FEMA secures a further $575m of flood reinsurance for NFIP

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Reinsurance News - Mar 11, 2024

The U.S. Federal Emergency Management Agency (FEMA) has obtained reinsurance coverage through insurance-linked securities (ILS) reinsurance for the seventh time by entering a three-year reinsurance agreement, securing $575 million of coverage for the National Flood Insurance Program (NFIP). FEMA ent...

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