Top Reinsurance Stories
FEMA renews reinsurance program to manage future flood risk
By Steven A. MeyerowitzFEMA transferred $1.32 billion of the NFIP's financial risk to the private reinsurance market.
Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
FEMA transferred $1.32 billion of the NFIP's financial risk to the private reinsurance market.