Markel

Rice has been appointed as senior underwriter and head of business development for Europe.

The carrier has also appointed Tom Hillier’s Brit colleague Graeme Ivory as director of international casualty.

Woodhouse will be based in London and report to Ed Winter, director of terrorism.

The programme services carrier will serve UK MGAs from 1 January.

A credit loss owing to a fraudulent letter of credit from Vestto added 1 point to the combined ratio in Q3, insurance president Jeremy Noble told analysts during a conference call.

Rory Morison was hired last month to lead the Australian business.

The carrier was one of Certa’s original capacity providers at its 2019 launch.

Richard Burnett will take up the strategic position as head of cargo underwriting.

Demand for specialty commercial insurance in Australia has been increasing, driven in part by the growth of the digital economy alongside traditional industries.

Markel Bermuda entered into two collateralized reinsurance transactions with White Rock for the benefit of a segregated account owned by a Vesttoo affiliate.

Based in New York, the executive will report to Markel’s terrorism director Ed Winter, who is based in London.

The executive was chief actuary for Travelers’ Lloyd’s business and Creechurch Underwriting.