Quanta places bulk of specialty lines into run-off
Quanta Capital Holdings has announced that it has decided to cease underwriting or seeking new business and to place most of its remaining specialty insurance and reinsurance lines into what it described as “orderly” run-off.
However, the company's Lloyd's syndicate and environmental consulting business, ESC, are not in the run-off plan and will continue to seek new business. The company intends to eventually wind up the
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