Retro writer Markel CatCo reloads with $1.8bn

Retro writer Markel CatCo has raised more than $1.8bn of
capital, which it said would be enough to fund its 1 January
renewing portfolio.
The firm said that this meant the manager would be able to fund
all of its 1 January renewing portfolio, as well as meeting a
portion of increased demand for cover.
It said both existing and new investors had participated in the
fundraising, which is continuing via its publicly listed
Reinsurance Opportunities Fund until the end...