Cat bond market tapped to back $500mn in NFIP flood risk
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Cat bond market tapped to back $500mn in NFIP flood risk

Ted Bunker
01 August 2018
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The Federal Emergency Management Agency has wrapped up its first-ever reach into the ILS market to place reinsurance cover for the National Flood Insurance Program (NFIP) by selling $500mn in catastrophe bonds.

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Topics

NewsGuy CarpenterHannover ReILSMajor losses
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Ted Bunker
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