Nephila fee income drops as AuM slips $100mn to $9.5bn
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Nephila fee income drops as AuM slips $100mn to $9.5bn

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Nephila contributed less fee income to Markel in the first quarter after assets under management (AuM) fell over the past year, with its asset base reaching $9.5bn at the end of Q1.

Nephila AuM: The Bermudian ILS firm’s AuM of $9.5bn was down by $100mn from the start of the year, and $500mn from a year ago.

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