Argo and Swiss Re take on Brownstone programmes

Argo and Swiss Re have replaced Aspen as underwriters of Brownstone
programme business in New York and Massachusetts.
Aspen had previously provided its admitted paper to Brownstone
Insurance Agency in New York and Brownstone Insurance in
Massachusetts, with the programmes placed as a single deal.
But after the Bermudian decided to come off the business last
year, the deal was split into a larger circa $150mn New York
residential real estate programme and a smaller programme that
sources have sug