Markel turns on its tail, trims reserve releases for 2022 profit tally
02-02-2023
Markel’s ILS unit Nephila will face AuM flow and earnings pressures
02-11-2022
Markel's key insurance-linked securities (ILS) vehicle Nephila suffered a 7.7% or ca $600 million decline in assets under management (AuM) in the fourth quarter of 2022 to $7.2 billion, with Markel blaming continued investor jitters.
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Alternative Risk Transfer, ILS, Markel, Nephila, Asset under management, Global
