AM Best to investigate collateral arrangements amid Vesttoo allegations

Share!

Reinsurance News - Jul 25, 2023

AM Best will review the collateral arrangements of all fronting companies that it provides ratings for, the rating agency stated in light of the claims that collateral involved in transactions facilitated by insurtech Vesttoo could be fraudulent. “Although the details and scope of this issue remain...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...