Markel effects Catco buyout

07 April 2022

Markel has effected its buyout of Markel Catco investors, as 99% of the retro fund’s public shares were redeemed.

Ordinary shareholders received around $51.6mn, with Class C shareholders receiving $53.9mn.

This has resulted in 99% of both share classes being redeemed, with the remainder to be paid out once the run-off of liabilities has completed.

Markel’s

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