Markel CATCo reserves for hurricane Michael, typhoon Jebi, warns over 2017 loss creep

22-11-2018

Markel CATCo reserves for hurricane Michael, typhoon Jebi, warns over 2017 loss creep

iStock/ Nastco

Markel CATCo Investment Management has implemented a specific loss reserve to cover the 2018 events hurricane Michael and typhoon Jebi and has warned over potential California wildfire losses and a loss creep from 2017 nat cat events.


Markel, CATCo, Reserves, Hurricane Michael, Typhoon Jebi, California wildfire, Losses, Insurance, ILS, Risk transfer, North America, Global

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