Markel’s LPT deal with Marco priced at $125.1mn
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Markel’s LPT deal with Marco priced at $125.1mn

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Markel’s loss portfolio transfer (LPT) deal with Marco Capital, comprising UK motor policies, was priced at $125.1mn, according to the US carrier’s most recent Form 10-Q disclosure.

According to Markel’s filing, which set out its Q1 earnings, the carrier completed the retroactive reinsurance transaction at a price of $125.1mn,

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