Markel to shutter Lodgepine after difficult cat quarter
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Markel to shutter Lodgepine after difficult cat quarter


Markel is shutting down its third-party capital vehicle Lodgepine Re, which launched two years ago and began writing business earlier this year, the Richmond-based company announced on Monday.

In a statement, Markel said Lodgepine’s 18 employees had entered a consultation period with the (re)insurer and that Markel would look to redeploy staff elsewhere in its business.


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