CATCo News

Markel Internal Review Finds ‘No Bad Faith’ Related to Loss Reserves Under Investigation

Markel Corp. said that an internal review conducted by outside counsel found “no evidence that personnel of its CATCo unit acted in bad faith in exercising business judgment in the setting of reserves and making related disclosures during late 2017 …

Markel Corp. to Acquire CATCo, Bermuda-Based ILS Specialist

Markel Corporation and CATCo Investment Management Ltd. announced they have entered into an agreement whereby Markel will acquire substantially all of the assets of CATCo, a Bermuda-based specialist in insurance linked securities.* The transaction is subject to customary closing conditions …