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The market is conceding some ground on wordings, after a tightening of conditions post-Ukraine.
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The carrier is understood to have had a significant line size on the slip.
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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.
