FEMA raises $500mn from FloodSmart Re cat bond sale
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FEMA raises $500mn from FloodSmart Re cat bond sale

Fiona Robertson
31 July 2018
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UPI 20171207

The Federal Emergency Management Agency (FEMA) has sourced $500mn of cat bond cover from FloodSmart Re, the ILS market’s first indemnity flood bond, the agency said today.

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News Regulation Catastrophe bonds ILS
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