Markel to shutter Lodgepine after difficult cat quarter
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Markel to shutter Lodgepine after difficult cat quarter

James Thaler
15 November 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
OLD DONT USE OLD

Markel is shutting down its third-party capital vehicle Lodgepine Re, which launched two years ago and began writing business earlier this year, the Richmond-based company announced on Monday.

In a statement, Markel said Lodgepine’s 18 employees had entered a consultation period with the (re)insurer and that Markel would look to redeploy staff elsewhere in its business.

“Despite

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsMarkel
JT
James Thaler
Gift this article