Maxum pulls out of US programme business

The Hartford's recently acquired Maxum Specialty unit is
withdrawing from the US programme sector, The Insurance
Insider can reveal.
According to sources, the excess and surplus lines (E&S)
specialist is exiting the programmes it currently supports and
putting the portfolio into run-off.
The exact size of the book is not known but it has been
suggested it is fairly modest with an annual premium volume in the
low tens of millions of dollars.
The move comes just over two years...