Markel to acquire Nephila to become largest manager of ILS funds

31-08-2018

Markel to acquire Nephila to become largest manager of ILS funds

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Markel Corporation is to acquire Nephila Holdings in a deal that will create an entity with assets under management between Nephila and Markel CATCo of some $19 billion. The combined entities will represent some 20 percent of the ILS sector and Markel will also become the largest manager of funds in this sector.


Markel Corporation, Acquisition, Nephila Holdings, ILS fund, Insurance, Reinsurance, North America

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