Bermuda court approves Markel Catco buyout
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Bermuda court approves Markel Catco buyout

markel Catco logo Bermuda.jpg

A Bermuda court has sanctioned Markel’s proposal to buy out Markel Catco’s investors of their holdings in the retro fund, as the insurer will take over the final run-off of liabilities.

The transaction remains subject to the grant of orders by the US Bankruptcy Court recognising and enforcing the buyout schemes.

The

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