FEMA signs pact with 28 reinsurers to take on $1.46 bln in flood risk
04 Jan FEMA signs pact with 28 reinsurers to take on $1.46 bln in flood risk
Posted at 20:24h
in
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by KMFSLLP
Jan 5 (Reuters) – The Federal Emergency Management Agency
(FEMA) has transferred $1.46 billion of risk from its flood
insurance program to 28 private reinsurers for 2018, the agency
said on Friday.
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