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KM Financial Solutions | UPDATE 1-FEMA signs pact with reinsurers to take on $1.46 bln in flood risk
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UPDATE 1-FEMA signs pact with reinsurers to take on $1.46 bln in flood risk

04 Jan UPDATE 1-FEMA signs pact with reinsurers to take on $1.46 bln in flood risk

Posted at 21:01h in News by
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Jan 5 (Reuters) – The Federal Emergency Management Agency
(FEMA) has transferred $1.46 billion of risk from its flood
insurance program to 28 private reinsurers for 2018, the agency
said on Friday.

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