Investors in Markel’s troubled ILS unit Markel Catco have been offered the opportunity to redeem their shares, and “most” are expected to do so, an executive for the insurer said during a conference call Wednesday.
Investors in Markel’s troubled ILS unit Markel Catco have been offered the opportunity to redeem their shares, and “most” are expected to do so, an executive for the insurer said during a conference call Wednesday.