The Federal Emergency Management Agency (Fema) and the National Flood Insurance Program (NFIP) are seeking $300mn from a second FloodSmart Re cat bond covering flood risk from named storms, according to sources.
The Federal Emergency Management Agency (Fema) and the National Flood Insurance Program (NFIP) are seeking $300mn from a second FloodSmart Re cat bond covering flood risk from named storms, according to sources.