Markel International
Markel 2013 profits climb after Alterra acquisition
Markel has seen its 2013 profits improve by almost $30m after integrating Bermudian insurer and reinsurer Alterra.
Lloyd’s vs Asia: Is London losing its crown?
Could factors including economic growth in the East and increasingly burdensome UK regulation see Lloyd’s Asian hub in Singapore oust its London counterpart as the global centre of insurance?
Markel promotes two on property treaty team
Markel International has promoted Nick Hillman and Nick James to senior underwriters on the property treaty account in its specialty division.
Markel welcomes Lloyd's Dubai plans
Markel has welcomed the proposed Dubai branch of Lloyd’s acknowledging the market cannot wait for business to come to London.
Markel strengthens in Singapore
Markel International has promoted Li Shengnan to head the offshore energy team in Singapore and appointed Kelvin Lee as assistant manager, finance and operations.
Markel acquires Abbey Protection
Markel Corporation has completed a deal to acquire legal expenses insurer Abbey Protection after being granted approval by courts.
Markel appoints QBE’s Bragg as senior underwriter
Markel has appointed Charles Bragg as senior underwriter for ports and terminals.
Modena becomes Markel analyst after nine years at Euler Hermes
Markel International has appointed former Euler Hermes UK senior risk underwriter Maren Modena as senior risk analyst in its trade credit division.
Europe C-suite: Regulation and complexity behind rise in demand for German D&O policies
The complexity of the liability regime for directors’ and officers’ insurance and increased regulation is fuelling demand for German D&O policies.
Scepticism remains over ‘underwriting discipline’ in Q3
Full-year results expected to take a hit from St Jude storm.
Market moves: New faces as well as departures across the industry in a lively week for recruitment
This week saw a surge of recruitment, with changes and appointments across the industry. Post revealed that Simply Health would be axing two of its directors, while Covéa, Ace and XL were among the firms bolstering numbers. Bluefin continued a spate of…
Markel appoints Whitaker non-executive director
Markel International has appointed Anne Whitaker as non-executive director.
Markel International posts improved combined ratio for Q3
Markel Corporation reported diluted net income per share of $4.67 (£2.90) for the quarter ended September 30, 2013 compared to $5.32 for the third quarter of 2012.
Markel unveils biomedical and life sciences liability policy
Markel UK has launched a liability product aimed at the biomedical and life sciences sector.
Markel recruits former EY UK audit head for non-exec role
Markel has appointed a former EY audit partner as a non-executive director, Post can exclusively reveal.
Roundtable: Legacy systems: Knowing when to move on
How can insurers improve their approach towards the daunting but essential task of keeping their IT platforms up to date?
Cannock making his mark at Markel
Less than 12 months after joining Markel from the Lloyd's market, Matthew Cannock was promoted to managing director, Asia.
Markel buys Abbey Protection for £116.5m
Specialist insurer Markel has acquired Abbey Protection for £116.5m; a price representing 9.3 times the insurer’s EBITDA.
Allied World snaps up Markel's aviation renewal rights
Allied World Europe has reached an agreed with Markel International to acquire the renewal rights to a book of aviation business written by Lloyd’s Syndicate 1400 and Markel Europe.
View from the top: Spanish brokers welcome ability to quote and deal online
The online revolution is reaching every part of the commercial world and, of course, it’s not just consumers who are attracted to the speed, ease and economics of transacting online.
Market Moves: Axa leads the way with a batch of new recruits as Hanks re-emerges at Liberty
Insurance industry recruitment picked up this week, with insurers and brokers alike busy hiring new staff. Axa was among the most prolific, while HCC, AIG, Bluefin and Keelan Westall were also active. The week also saw the return of former Allianz boss…
Market Moves: Insurers flood back into recruitment market with raft of key hires and promotions
Insurers swarmed the recruitment space this week, redressing a balance that has seen brokers dominating. The start of September saw a number of new recruits, with appointments rising in both the London and companies market. XL, Markel, First Title and…
Brit expands global distribution network with Bermuda office opening
Brit is targeting an expansion of its distribution network with the opening of a Bermuda office.
Brit hires ex-Markel SVP Bonanno to head up Bermuda office
Brit is targeting an expansion of its distribution network with the opening of an office in Bermuda.