Unrated reinsurers add credit risk to US P&C fronting segment: AM Best
A new AM Best report has disclosed that additional credit risk is finding its way into the U.S. property and casualty (P&C) fronting segment through the involvement of unrated and unauthorised reinsurers, even as fronting arrangements by insurers continued to advance at a healthy rate in 2025. As a reminder, fronting refers to the use…