Freddie Mac mortgage (re)insurance transfer hits $5bn

A trio of new (re)insurance policies structured and placed by
Aon Risk Solutions and Aon Benfield have taken total credit risk
transfer by US mortgage guarantor Freddie Mac to $5bn.
In a release, Aon said the milestone had been reached with the
inception of the policies under Freddie Mac's agency credit
insurance structure (ACIS) programme, which represented the largest
aggregate transaction by the government sponsored enterprise (GSE)
to date.
The firm said that the three policies provided up t