06-06-2017 15:03 via insuranceinsider.com

AmTrust travails lead to client loss

AmTrust shares have fallen by more than half this year after a
series of missteps and scandals that may now be affecting the US
insurer's ability to retain its client base.
Brokers Marsh and Alliant are understood to have written to
their clients making them aware of events at the New York-based
insurer, whose premiums totalled $7.9bn in 2016, with at least one
client dropping the carrier.
The notification follows a tumultuous period
for AmTrust, which was first punished by...
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