Marco and Markel £200mn LPT to include unsettled claims
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Marco and Markel £200mn LPT to include unsettled claims

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Marco Capital and Markel have signed a loss portfolio transfer (LPT) deal covering £200mn ($245mn) of settled and unsettled reserves.

The LPT covers a portfolio of UK motor insurance claims, including claims settled via periodic payment order (PPO) and those that are currently open and might settle as either a lump-sum award or PPO.

Marco’s

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