Markel lifts AAD by 4pts on ~$2bn D&O “quota share” with effective cede in mid-30s
Markel earlier this month lifted the annual aggregate deductible on its nearly $2bn 1 December financial lines treaty by 4 points, effectively lowering the commission on the deal in one of the starkest examples yet of the about-face under way in D&O reinsurance, The Insurer can reveal.
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