Captive sector examines collateral issues in wake of Vesttoo

Share!

Business Insurance - Aug 15, 2023

The fallout from the scandal surrounding insurtech Vesttoo Ltd. is a wakeup call for the captive sector and will likely lead to greater regulatory scrutiny of fronting arrangements and collateral options, experts said last week at the Vermont Captive Insurance Association’s 2023 annual conference....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...