Fema increases NFIP reinsurance placement 22% to $757.9mn
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Fema increases NFIP reinsurance placement 22% to $757.9mn

The reinsurance attaches at $7bn, unchanged for the past two years.

By Jai Singh
January 16, 2025
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car flood.jpg

The US Federal Emergency Management Agency (Fema) has increased its traditional reinsurance placement for the National Flood Insurance Program (NFIP) by 22% year on year to $757.9mn

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Topics

NewsRe/insurersProperty treatyNorth AmericaRenewals
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