Description: This report discusses the use of reinsurance to transfer some of the risk of an insurance policy from the primary insurer to a secondary insurer, and the National Flood Insurance Program's (NFIP) decision to use reinsurance through the issuance of catastrophe bonds (which pay out when a particular type of disaster set out in the bond agreement occurs) by the secondary private insurers.
Date: September 11, 2018
Creator: Horn, Diane P. & Webel, Baird
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department