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Argo Group International Holdings announced today that it will expand its offerings in the international casualty marketplace to include treaty reinsurance business written through Lloyd’s. This new capability adds to Argo Group’s existing lines of international casualty treaty reinsurance available through its Bermuda-based reinsurance platform, Argo Re. Syndicate 1200 will begin writing international casualty treaty reinsurance for accounts which incept after 1st January in selected lines. The portfolio will include general liability, professional lines, and motor liability on a global basis, excluding the US. “Being able to write international casualty treaty reinsurance from our Lloyd’s platform follows a successful first year of writing the business at Argo Re,” said Argo International managing director Jeff Radke. “Adding this new class of business to Syndicate 1200 reflects the confidence that we have in our underwriting team’s ability to grow profitably.
We’re pleased to have received Lloyd’s support for this initiative. Our capability to consider all casualty reinsurance business across multiple platforms makes Argo Group a strong competitor in this marketplace, and we look forward to growing this business within our Lloyd’s portfolio.” |
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