FEMA to Issue First Catastrophe Bond for Flood Insurance Program
Apr 5, 2018
In another step shifting risk to private markets, the Federal Emergency Management Agency said it intends to secure additional reinsurance for the National Flood Insurance Program through issuance of a catastrophe bond. Insurance Journal’s Andrew G. Simpson reports.
https://www.insurancejournal.com/news/national/2018/04/05/485448.htm