Markel says MGA sales leave Nephila to focus on 'core operations'
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider ILS is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

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

Markel says MGA sales leave Nephila to focus on 'core operations'

markel-corp-2019-google.jpg

Markel said the sale of its controlling portions in MGAs Velocity and Volante will leave Nephila ILS operations “solely comprised of its core fund management operations", according to Jeremy Noble, senior VP and CFO.

“Both of these transactions unlock significant value from our Nephila acquisition in 2018 and also allow Nephila to devote full attention to the opportunities they see in the cat arena right now,” said Richard Whitt, co-CEO and director, on...

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
Gift this article