FloodSmart Re cat bonds extended further, as NFIP’s Helene loss remains above attachments
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This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With the National Flood Insurance Program’s (NFIP) latest loss estimate for 2024’s hurricane Helene understood to be standing higher than the attachment levels for a number of its FloodSmart Re catastrophe bonds, we have learned of further extensions of maturity and one tranche being allowed to mature as now deemed not at-risk. The market is […] FloodSmart Re cat bonds extended further, as NFIP’s Helene loss remains above attachments was published by: www.Artemis.bm catastrophe bond deal directory our free weekly email newsletter here.