Markel to wind down CatCo Re, launch new retro ILS platform

Markel to wind down CatCo Re, launch new retrocessional ILS platform

Jed Rhoads, president and chief underwriting officer, Markel Global Reinsurance

Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager.

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Markel, CatCo, ILS, Retrocessional, Rirk transfer, 2020 Retro Fund, Bermuda, Jed Rhoads, Andrew Barnard, Reinsurance

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