Markel is putting its troubled Catco platform into run-off and launching a Bermuda-based ILS retrocession platform.
The as-yet unnamed platform will comprise a reinsurance company, fund entity and investment manager, Markel said.
Markel is putting its troubled Catco platform into run-off and launching a Bermuda-based ILS retrocession platform.
The as-yet unnamed platform will comprise a reinsurance company, fund entity and investment manager, Markel said.