Fronting carriers suggest premium funds will mitigate Vesttoo exposure 
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Fronting carriers suggest premium funds will mitigate Vesttoo exposure 

Vesttoo logo Tel Aviv Israel new 2021.jpg

A scare over “collateral inconsistencies” at Vesttoo will be a “defining moment” for the program and fronting insurance market, but sources say there are multiple “lines of defense” that may help to mitigate credit risk.

As this publication has previously argued, a practice of using part-collateralized reinsurance covers exposes fronting companies to increasing levels of counterparty credit risk.

Vesttoo

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article