The U.S. Federal Emergency Management Agency (FEMA) has returned to the capital markets as it looks to transfer $300 million of risk from the National Flood Insurance Program (NFIP). FEMA is seeking at least $300 million of collateralised reinsurance protection from insurance-linked securities (ILS) investors through its second catastrophe bond transaction in as many years,… Continue reading FEMA Returns to Capital Markets for NFIP Risk Transfer
Tag: capital markets
Lockton Launches Capital Markets Business
Lockton, the world’s largest privately held, independent insurance broker, today announced the launch of Lockton Capital Markets. The New York-based operation will facilitate investment banking and capital markets transactions focused upon the convergence between insurance and alternative capital. Lockton is launching the business in partnership with Antarctica Capital, a New York-based private equity firm. Vishal… Continue reading Lockton Launches Capital Markets Business