Ian-exposed Floridians and Fema have $4bn on risk via cat bonds
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Ian-exposed Floridians and Fema have $4bn on risk via cat bonds

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Florida property carriers have $3.9bn on risk through cat bonds, with the largest issuer Fema speaking for just over a third of the total at $1.4bn across seven FloodSmart Re notes.

Florida wind and flood bonds are in focus with Hurricane Ian expected to have “major, major impacts” according to state Governor Ron DeSantis as of Wednesday morning.

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