Trade groups worry over reimbursement cap in NFIP draft bill
And, the draft measure would require the use of reinsurance, catastrophe bonds, collateralized reinsurance, resilience bonds or alternatives to diversify risk. Implementing broader reinsurance strategies is a good idea, said R.J. Lehmann, senior fellow with the R Street Institute. The program is $24.6 billion in debt, as of March 2017.
