Markel Catco under regulatory investigation
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Markel Catco under regulatory investigation

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Regulators are investigating the accounting of Bermuda-based ILS manager Markel Catco’s loss reserves.

In a statement, Markel said it is “fully cooperating with inquiries by US and Bermuda authorities into loss reserves recorded in late 2017 and early 2018 at Markel CatCo Investment Management Ltd and...

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