Markel International
View from the top: Taking opportunities
The Swedish market for non-life insurance is dominated by four large domestic players together accounting for around 82% of annual premium.
Market moves: Setting the trend
Insurer MMA was the main recruiter this week, with the firm naming five new staff across its regional office network. The moves set the trend among fellow underwriters, with high-profile appointments at Groupama, DAS and for Markel’s fledging operation…
Markel appoints chief representative for China
Markel has appointed Steven Zhang as chief representative for Markel China.
Markel's combined ratio hits 105% due to nat cat losses
Markel Corporation’s combined ratio increased to 105% in the first nine months of 2011 due to heavy natural catastrophe losses.
Markel reports 105% COR on nat cats
Markel said its combined ratio was 100% for the third quarter of 2011 compared to 93% for the third quarter of 2010 and was 105% for the nine months ended September 30, 2011 compared with 99% for the same period of 2010.
Markel recruits from Willis to strengthen Italian PI and D&O book
Markel has appointed Davide Balocco as senior underwriter in professional liability division to focus on its Italian book.
Markel appoints Balocco to professional liability team
Specialist insurer Markel has named Davide Balocco as a senior underwriter in its in its professional liability division.
Markel International A+ rating affirmed
Markel International Insurance Company and its syndicate 3000 have had their financial strength rating of A (Excellent) and issuer credit rating of a+ affirmed.
Markel strengthens its sporting connections with triathlon event in France
Markel International has signed a two-year contract to be the title sponsor of the Castle Triathlon Series.
Markel boosts sporting commitment with triathlon deal
Markel International has added to its portfolio of sporting sponsorships by putting pen to paper on a two year deal with the Castle Triathlon Series.
Weather related catastrophes hit Markel's COR
Markel International has reported gross written premiums of $227.7m for the quarter ended 30 June 2011, compared to $187.2m for the second quarter of 2010.
Markel's 107% COR hit by catastrophes
Niche property and casualty insurer Markel blamed catastrophe losses of $99m for adding 10 points to its combined ratio, taking it to 107%, up from 102% for the same period last year.
Markel launches Dutch operation
Markel International is preparing to open a branch office in Rotterdam this September.
Exclusive Fleet and accident content live
Insurance Insight’s weekly update is now live.
Exclusive Fleet and accident content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how implementing a collision free culture can help fleet safety; as well as a View from the Top on how accident cover in Spain has been hit by the financial crisis.
Post Europe: View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
High street still attractive despite big name failures
The high street is expected to remain an attractive proposition for trade credit insurers, despite a spate of household names slipping into insolvency.
Bloodstock - Market Update: Dark horse
With race lovers flocking to Royal Ascot this week, Jane Bernstein reports on a bloodstock insurance market still hampered by soft rates and self-insurance.
Post Europe announces advisory board members
Post Europe is delighted to be able to confirm the members of its new advisory board.
Insurance Insight announces advisory board members
Insurance Insight is delighted to be able to confirm the members of its new advisory board.
LMA announces new board members
Lloyd’s Market Association has announced the results of its 2011 board election.
Markel changes UK team
Markel international has reorganised its retail division Markel UK, appointing Steve Carroll to a wider retail role.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.