Markel writes Catco value down to nil

Fiona Robertson

06 February 2019

X
LinkedIn
Show more sharing options

Markel has written down the value of asset management platform Markel Catco to zero, taking a $179mn goodwill impairment in its fourth-quarter results.

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business

Take a free trial Already a subscriber? Login now

Markel writes Catco value down to nil

Uncover exclusive insights tailored for insurance leaders

Topics

Most Recent

NC State researchers expect ‘active’ 2024 hurricane season

Allstate pegs March pre-tax cat losses at $328mn

PFZW’s ILS allocation drops 9% in Q1 to $8.3bn

Nat cat insured losses hit at least $20bn in Q1 2024: Gallagher Re

Zenkyoren secures $150mn of Japanese quake coverage

Markel writes Catco value down to nil

Login to continue

Uncover exclusive insights tailored for insurance leaders

Topics

NC State researchers expect ‘active’ 2024 hurricane season

Allstate pegs March pre-tax cat losses at $328mn

PFZW’s ILS allocation drops 9% in Q1 to $8.3bn

Nat cat insured losses hit at least $20bn in Q1 2024: Gallagher Re

Zenkyoren secures $150mn of Japanese quake coverage