Nephila AuM drops $500mn in Q3
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Nephila AuM drops $500mn in Q3


Nephila’s assets under management dropped by $500mn to $9.3bn in the third quarter, but parent Markel benefitted from an uplift in ILS revenue on the back of MGA growth.

The carrier also ceded some of its catastrophe losses to new retro platform Lodgepine.

Nephila AuM: Nephila's net assets under management were $9.3

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