The Federal Emergency Management Agency (Fema) and the National Flood Insurance Program (NFIP) have returned to the ILS market for a third time with a new $300mn FloodSmart Re cat bond, according to sources.
The Federal Emergency Management Agency (Fema) and the National Flood Insurance Program (NFIP) have returned to the ILS market for a third time with a new $300mn FloodSmart Re cat bond, according to sources.