Markel International
Markel in talks to make trio of redundancies following restructure
Markel International is in redundancy talks with three of its employees, following a wholesale business restructure announced on 13 April, Post understands.
Markel reduces number of operating divisions
Markel International has reduced the number of its operating divisions from seven to three, with the changes effective from 1 May.
The Claims Process: Together again
Hammering down loss adjusters on fees proved a false economy for insurers as falling service standards merely wreaked more havoc on the industry’s reputation. But sense has prevailed and the two sectors are showing signs of a welcome reconciliation
Markel launches fintech protection
Markel International has launched a policy that offers protection for businesses operating in the fintech sector.
Markel appoints industry veteran Spencer as NED
Markel International has appointed former BMS CEO John Spencer as a non-executive director.
Litigation likely to test limitation clauses in data breach cases
Litigation will test the effectiveness of companies seeking to absolve themselves of data protection and data security responsibilities via clauses in contracts as companies increasingly believe it's "worth a go", according to cyber insurance experts.
Kirshner hails 'tremendous' underwriting result at Markel
Alan Kirshner, executive chairman at Markel, said 2015 was a "tremendous year" for the (re)insurer's underwriting operations.
C-Suite: More pain in the Year of the Monkey
As the excitement builds across much of Asia for the countdown to Chinese New Year, Markel's Matthew Cannock gives a stark warning to the industry.
UK cyber market to resemble US amid tougher EU penalty regime
The UK insurance market is expected to increasingly follow its US counterpart as incoming EU legislation substantially toughens up penalties for data breaches.
Penny Black's New Year 2016
As the insurance industry rings in the New Year, Penny Black asked commentators how they like to celebrate and what resolutions they will be making for 2016.
Penny Black's Christmas disasters 2015
Penny Black has asked insurers to share their stories of Christmas disasters. Loss adjusters have also told her about their most festive business claims.
Penny Black's Christmas questions 2015: What does an insurer's Christmas look like?
What are insurers and brokers up to at Christmas? Post has asked them how they celebrate the festive season and found out a lot of them like to hear the bells ringing out for Christmas Day.
Markel launches product for not-for-profits
Markel UK has launched a product for not-for-profit organisations covering three main areas of risk: responsibility to third parties, responsibility as an employer, and protection of property and physical assets.
Asia: Trade credit's double digit growth prospects
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
Review of the Year: Lloyd's
Lloyd’s didn’t stand still in 2015, while facing new threats and growing competition. With a bold new strategic direction and a number of mega-deals in the consolidation arena, the market has emerged with its head held high.
Markel sees Q3 COR improve to 88%
Markel Corporation has reported a combined ratio of 88% for the third quarter of 2015, an improvement on the result of 97% in the third quarter of 2014.
Markel appoints former Cooper Gay director in China
Markel has appointed Helena Zhang as business development manager for its underwriting division at Lloyd's China.
Absence of specialist underwriters sees Lloyd's cyber risk appetite shrink
Absence of a specialist underwriter and failing to recognise cyber exposure in pricing and capital models have been cited as reasons for Lloyd's potentially limiting the amount of cyber insurance it writes, as UK government data estimates 2.5 million…
Market Moves - 22 October 2015
All the latest movers and shakers on the insurance scene
Claims Club Asia Q+A: Chay Wilkinson
Post interviews Chay Wilkinson, Markel's first head of claims for the Asia-Pacific region.
Markel appoints China head
Markel has hired Hu Qianhai to lead its China operations.
Results round-up: H1 2015
Its results season again, and here at Post we have put together a single source of information to make finding the results from this half of 2015 a little easier.
Markel reports 90% H1 combined ratio
Markel International has reported a comprehensive loss to shareholders of $132.9m (£85.1m) in the second quarter of 2015 compared to a loss of $250.6m in Q2 2014.
Pool Re boss raises prospect of separate cyber reinsurance scheme
Funds for a potential public-private reinsurance scheme for cyber catastrophes should not be mingled with Pool Re, however, the remit of the terrorism fund's management team could be extended to operate a separate cyber initiative.