Markel Signs $1.2 Billion Enstar Cover on $4.8 Billion of Reserves
Markel Insurance, the insurance operations within Markel Group Inc. , and Enstar have entered into an adverse development cover reinsurance agreement covering a portfolio of Markel's run-off global reinsurance business and certain exited lines within its insurance operations, Markel announced on October 28, 2026. The agreement includes subject reserves of $4.8 billion. Under the transaction terms, Markel will retain the first $2.6 billion of the subject reserves and retrocede the next $2.3…