AmTrust Syndicate 2526 placed into run-off

AmTrust has put its troubled Syndicate 2526 into run-off after it
was unable to contend with adverse reserve development on legacy
business and return the syndicate to profitability.
The Nadaq-listed insurer decided to cease underwriting on the
former AG Doré syndicate after it became apparent that any
business plan produced for 2017 "would be loss-making",
the firm said in the syndicate's annual report.
AmTrust acquired the service company that employed the staff of
Syndicate 2526 in 201