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The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
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Rohan Davies joined Markel International 17 years ago as an underwriter.
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The carrier’s top line grew to $1.4bn in the first half of 2025.
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The broker’s hiring to date has focused on the specialty segment.
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The upgrade reflects consistent outperformance of “higher-rated peers”, S&P said.
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This publication revealed the move earlier this year.
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Willis Re kicked off its talent acquisition with mass hiring from Guy Carpenter over the summer.
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The hire follows the departure of David Martin to GIC Re Syndicate.
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The CEO said that IGI’s action within its PI book showed it was ready to walk away from unprofitable business.
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The carrier has been exploring launching into P&C organically or via acquisition.
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Several airlines are understood to have come to market early.
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After losing in the High Court, insurers pin their hopes on the Court of Appeal.
