Citadel Reinsurance Company Limited can offer well capitalized companies the use of our AM Best rating on a fronting basis. Fronting arrangements typically suit companies located in countries with a sovereign rating of less than A.
Common features of a fronting arrangement include:
- Fully collateralized by either Letter of Credit or Regulation 114 Trust arrangements
- Use of cut-through clause and contract
- Potential use in conjunction with a cell or captive
- Direct premium and claims flow