Nephila assets drop $700mn after Ian in Q3
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Nephila assets drop $700mn after Ian in Q3


Nephila recorded an 8% drop in assets under management during Q3 to $7.8bn, as fronted gross Hurricane Ian losses taken by parent Markel reached $850mn.

These fronted losses may include losses borne by other third parties, with Markel’s own net Ian loss just $70mn.


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