Markel Catco's 2020 run-off brings mixed development on 2018 reserves
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Markel Catco's 2020 run-off brings mixed development on 2018 reserves

Fiona Robertson
16 March 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
markel-catco-logo-bermuda.jpg

Markel Catco reported that ordinary shareholders made a 6.3% gain in 2020, although post-2017 class C shareholders took a 1.3% loss as the retro manager continued winding down its listed fund.

The boost for ordinary shares was due to subrogation payouts on the California wildfires this year, which had been recorded in its December result.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsInvestors (mandates)ResultsMarkelMarkel Catco
fiona robertson 2024 ii ils 2.png
Fiona Robertson
Editor-in-Chief
Contact
Gift this article