CATCo. Investment Management Ltd. Archives

Markel Puts CATCo into Run-Off, Launches New Retrocessional ILS Platform

Markel Corp. announced it is putting its Bermuda insurance linked securities unit Markel CATCo into run-off and also launching a new retrocessional ILS fund platform that will be ready to write ...

Two Former Markel CATCo Execs Sue, Alleging Bogus Firing Reasons to Avoid Paying Bonuses

Two fired executives of Markel's Bermuda reinsurance operations are suing Markel, claiming the company created a false narrative alleging they violated corporate policy by having a personal ...

Two Markel CATCo Execs Depart After Discovery of ‘Undisclosed Personal Relationship’

Markel Corp. said two executives from one of its divisions have departed after an ongoing internal review discovered an "undisclosed personal relationship" between them that violated company ...

Markel Division Draws Attention of U.S., Bermuda Regulators

Markel Corp. disclosed that U.S. and Bermuda regulators are inquiring about loss reserves from one of its divisions. The Virginia-based specialty insurer said that it was initially contacted on Nov. ...