Markel CATCo Investment Management

Anthony Belisle, the former CEO of retrocessional reinsurance investment manager Markel CATCo Investment Management and Alissa Fredricks, the former CEO of its Bermuda operations, are both claiming wrongful dismissal from the firm.

Markel CATCo Investment Management Ltd., the retrocessional reinsurance investment manager, has successfully secured higher rates at the January renewal, with its listed retro investment fund no loss maximum net return now forecast at 30%, up from 23% in 2018.

Markel Corporation plans to adapt the Markel CATCo underwriting and investment strategy based on what it can learn from the catastrophe losses that affected it so severely during 2017 and 2018, the re/insurers Co-CEO said.

Markel Corporation saw operating revenues earned from its ILS investment management operations rise sharply in 2018, coming in at $92 million for the year compared to $29 million in the prior year.

Markel CATCo Investment Management Ltd., the retrocessional reinsurance investment manager, said this morning that following review it has decided to further strengthen its specific loss reserves for the 2017 hurricanes.

Markel Corporation has written down the value of its investment in collateralized retrocessional reinsurance investment fund manager Markel CATCo Investment Management following recent challenges at the unit.

Markel Corporation has confirmed its commitment to insurance-linked securities (ILS), telling the Board of the exchange listed Markel CATCo managed retrocessional reinsurance investment fund that it remains part of the firms long-term strategy.

Markel Corporation has given senior executives Jed Rhoads and Andrew “Barney” Barnard oversight of its collateralized retrocessional reinsurance investment manager Markel CATCo after the departure of the CEO and CEO of Bermuda.

Markel CATCo Investment Management Ltd., the retrocessional reinsurance investment specialist, has announced further reserve setting and strengthening related to catastrophe loss events that occurred in 2018 and are expected to hit its listed retro fund portfolio.

Markel CATCo Investment Management Ltd., the retrocessional reinsurance investment specialist, has announced that it is to further strengthen its loss reserves for 2017 catastrophe events, while at the same time it has been announced that the firm has received an enquiry from regulatory authorities over the original loss picks it made.