NFIP trims reinsurance cover by 13% in $1.15bn renewal
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NFIP trims reinsurance cover by 13% in $1.15bn renewal

The US National Flood Insurance Program (NFIP) has secured $1.15bn of reinsurance cover for 2021, down about 13% or $180mn from last year, with a lower premium spend and less risk being transferred to the private market through all...

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