SPECIAL: US insurers must be wary of diving into $3.3bn NFIP flood placement


The US National Flood Insurance Program (NFIP) is up for renewal in 2017 and is expected to offer an opportunity for the private sector to get involved. But large losses on the programme mean private insurers participating need to carefully analyse the risks, according to industry experts.

National Flood Insurance Program, Howard Botts, CoreLogic, Floods, North America

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