Catco US bankruptcy hearing set for November as part of buyout proceedings
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Catco US bankruptcy hearing set for November as part of buyout proceedings

Fiona Robertson
07 October 2021
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Markel Catco has filed for bankruptcy in the US courts this week after appointing provisional liquidators in Bermuda and putting a buyout offer to investors.

The filing was made under chapter 15 of the US Bankruptcy Code, designed to recognise cross-border insolvencies.

The provisional liquidators, Simon Appell of AlixPartners UK and John McKenna of Finance & Risk Services, were appointed on 1 October after Bermuda...

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ILS managersMarkel Catco
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Fiona Robertson
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