Markel
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Settle in for The Insurance Insider’s 12 days of Insurancemas.
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Trapped collateral after recent catastrophes could buttress pricing, the analysts say.
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The asset manager announces a 45 percent erosion on the net asset value of its listed fund’s C shares.
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He will continue to underwrite for the German MGA from Markel’s London office.
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The executive will be based in London and report to global cyber and technology head Dan Trueman.
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Firm retro market in prospect ahead of 1.1 as deployable ILS capital narrows. -
In the journey to create a new asset class, there are many staging posts that have to be passed.
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The index loses 4.5 percent of its value, with AIG and Markel nursing some of the steepest losses.
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The ILS manager initially forecast at most a 15 percent loss to its 2017 portfolio, but this has now fallen to 57.1 percent.
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The asset manager retains powerful advocates but fundraising is likely to prove challenging.
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The ordinary stock loses more than 40 percent of its value on news of investigations in Bermuda and the US and worsening 2017 loss creep.
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Just how important is Markel Catco to the catastrophe reinsurance market?
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