First Mutual Transportation Assurance Company, a New York State licensed and domiciled captive insurance company and subsidiary of the Metropolitan Transportation Authority (MTA), has become the first company to issue a cat bond to protect solely against storm surge risk.
To continue reading, you need a subscription to Intelligent Insurer.
If you have already subscribed please login.
If you have any technical issues please contact support.
MTA, Storm Surge Cat Bond, Guy Carpenter, First Mutual Transportation Authority, MetroCat Re
