Congressional Research Service Issues Insight White Paper on National Flood Insurance Program, Reinsurance & Catastrophe Bonds
May 29, 2024
May 29, 2024
WASHINGTON, May 29 -- The Congressional Research Service issued the following Insight white paper (No. IN10965) on May 28, 2024, by Diane P. Horn, flood insurance and emergency management specialist, and Baird Webel, financial economics specialist:
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The National Flood Insurance Program (NFIP), Reinsurance and Catastrophe Bonds
Insurance transfers risk from one entity who does not want to bear that risk to another entity that does. An initial insurance . . .
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The National Flood Insurance Program (NFIP), Reinsurance and Catastrophe Bonds
Insurance transfers risk from one entity who does not want to bear that risk to another entity that does. An initial insurance . . .