Fema estimates NFIP losses of $3.5bn-$7bn for Hurricane Helene
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Fema estimates NFIP losses of $3.5bn-$7bn for Hurricane Helene

Fema's traditional reinsurance programme will attach at losses of $7bn and above.

By Jai Singh
November 13, 2024
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FEMA US Homeland Security Form

The US Federal Emergency Management Agency (Fema) is estimating National Flood Insurance Program (NFIP) losses relating to Hurricane Helene of $3.5bn-$7bn.

The

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Topics

Catastrophe lossesFloridaNewsCatastrophe bondsReinsurersProperty treaty
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