Markel discloses Vesttoo exposure
Gavin SouterSeptember 4, 2023
Markel said letters of credit (LOC) it held backing more than $125m in collateralised reinsurance deals involving troubled reinsurance intermediary Vesttoo and a unit of Aon have been deemed fraudulent.
The disclosure is t...
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Gavin SouterSeptember 4, 2023