AM Best to review fronting company collateral arrangements
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AM Best to review fronting company collateral arrangements

Rachel Dalton
25 July 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
am best board room logo reflection.jpg

AM Best has announced plans to investigate US fronting companies’ collateral arrangements in the wake of the Vesttoo scandal.

The ratings agency said it is monitoring the evolving Vesttoo situation and reviewing both fronting companies and other insurers that have significant reinsurance counterparty credit risk and reliance on collateral.

It

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsRegulationVesttoo
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article