Tight Re Market Puts Heat On Fronts
London Editor
Bermuda
During the soft market of the past seven years, many companies that provided fronting for captives have been left with their fingers burned as a result of reinsurance recoverable problems and the general tightening in the reinsurance industry, according to a Bermuda captive manager.
As a result, fronting capacity has dried up and fronting is becoming one of the biggest challenges facing captive owners for the next couple of years, said Peter J. Mullen, president with Artex Underwriting Managers in Bermuda, the rent-a-captive facility for Arthur J. Gallagher.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
