NFIP reinsurers may face total loss due to Harvey
31-08-2017
Munich Re and Swiss Re face 'significant' impact from Harvey
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Insurers will bear brunt of Harvey losses; downgrades possible
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The National Flood Insurance Program (NFIP) run by FEMA could require emergency additional funding in the aftermath of flood losses in Texas as the high losses complicate its already perilous financial position.
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Harvey, NFIP, Flood loss, Texas, Insurance Council of Texas, FEMA, AIR Worldwide, North America
