The Federal Emergency Management Agency (Fema) may tap the ILS market this year to supplement the reinsurance it purchased for the National Flood Insurance Program (NFIP), which would mark the agency's first move into the alternative capital space.
The Federal Emergency Management Agency (Fema) may tap the ILS market this year to supplement the reinsurance it purchased for the National Flood Insurance Program (NFIP), which would mark the agency's first move into the alternative capital space.