Markel CatCo shares fall to all-time low following regulatory investigation revelation

CATco listed fund collapses in value over past 18 months i

Shares in the listed fund of retro investment specialist Markel CatCo fell 25 percent in London trading today (06 December) as the firm revealed US and Bermuda authorities are looking into loss reserves recorded in late 2017 and early 2018 at CatCo and its subsidiaries.

Want to read this article?

Register your details for FREE access to this article - and ALL our premium content

You will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

 

If you have already registered you can SIGN IN now