NFIP’s Hurricane Ian payouts near reinsurance trigger

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Reinsurance News - May 05, 2023

New data from FEMA shows that its National Flood Insurance Program (NFIP) has paid out over $3.9 billion in claims related to Hurricane Ian to date, meaning the Agency is on the cusp of triggering the bottom layer of protection in its flood reinsurance tower. The NFIP payout figure, released on May...

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