Tag Archives: adverse development cover

Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover

Markel Expects to See Runoff Certainty With Enstar’s .2B Adverse Development Cover

Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e are taking decisive action on legacy exposures,” said Simon Wilson, chief executive officer of Markel Insurance, during an analysts’ call to discuss the …