Fronting company means a licensed insurer or licensed home protection company which generally
Fronting company means a dealer that authorizes a third-party administrator
Fronting company means an authorised insurer that sells an insurance product on behalf of another entity which maintains the economic risk of such insurance product by way of an indemnity, reinsurance or similar agreement.
Examples of Fronting company in a sentence
In the case of an SPFI, the expected case proformas should be projected for the term of the reinsurance agreement.(7) Rating program (not applicable to SPFIs); (8) Fronting company if operating as a reinsurer; (9) Reinsurance program by line of business, including amount or % reinsured; type of reinsurance (ie.
US$) 65 57 （FY 2021） 8 65 +12% 54 41 32 36 27 18 Insurance company Trends in premiums written by Fronting Companies (X.XX$) Fronting company 2010 2012 2014 2016 2018 2020 2021 (FY) 2.0 2.7 +32% 4.5 5.3 8.0 6.7 ⚫ There are more than 700 MGAs in the U.S. market, showing rapid growth.
More Definitions of Fronting company
Fronting company means a licensed insurer that enters into an agreement with an insurer to issue policies in a state on behalf of another insurer.
Fronting company means an entity that engages in a fronting arrangement. A fronting company may be owned by one or more group self-insurers or by a group self-insurance reinsurance account.
Fronting company means an entity that engages in a fronting arrangement.
Fronting company means a business entity approved under this rule to provide coverage to participating employers through fronting arrangements. “Fronting company” does not include a commercial insurance company or a domestic captive insurance company licensed under 24-A M.R.S. § 6702.
Fronting company means BCS Insurance Company or Physicians Insurance, as the fronting agents for Allianz Life pursuant to the Fronting Contracts.
Fronting company means a licensed insurer or licensed home protection company which generally transfers to one or more unlicensed insurers or unlicensed home protection companies by reinsurance or otherwise all or substantially all of the risk of loss under all of the home protection contracts written by it in this Commonwealth.