DE Shaw vows to fight Markel CatCo suit over ILW collateral

Markel CatCo has alleged DE Shaw is refusing to release collateral for industry loss warranties because of a difference of opinion over obligations relating to Typhoon Jebi, with the hedge fund countering that the lawsuit is “without merit”.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com