| Markel Corporation announced that it is winding down Lodgepine Capital Management Limited [Lodgepine], its retrocessional Insurance Linked Securities [ILS] fund manager based in Bermuda. A spokesperson said, “Markel launched Lodgepine in 2019, with product offerings focused on property catastrophe retrocessional investments. In 2021, Lodgepine wrote a portfolio of property retrocessional business that consisted of approximately […]
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