Interview: Tony Weller & Mike Palmer, Citadel Risk
ronting is a tried and tested mechanism allowing insurers without
21.10.13 MONDAY
fronting transactions are actually bespoke deals and involve only moderate Best, said the company is seeing a lot more requests to front business for
“It may be of little interest to other A- or better carriers as they believe the premium volume is Tony Weller
“We are unquestionably seeing transactions we would not be seeing if it were
Tony Weller
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Mike Palmer He says that opportunities often emerge because a cedant’s preferred
helping small to medium sized players—a sector that does not garner much “Smaller and medium size cedants are just as interested in this kind of transaction, but it may be of little interest to other A- or better carriers as they Mike Palmer, director of Citadel Risk, added that many deals are
Serving reinsurance clients globally since 1994 London: +44 (0)20-7663-5656
Princeton: 001-609-683-0888 16 | BADEN-BADEN TODAY | DAY 1: Monday October 21 2013
because a cedant does not want the market to know who the reinsurance is with, or the reinsurer may not want the cedant to know who is ultimately
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