Markel

Markel takes 49% stake in tax MGA Certa

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

Rachel Dalton, 20 October 2023
Markel promotes Styles to head of cargo as Burnett assumes new role

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

Samuel Casey, 05 October 2023
Markel expands Australia operation led by Axa XL’s Morison

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

Kyoung-son Song, 14 September 2023
Markel Bermuda named as Vesttoo creditor over fraudulent LOCs

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

Thorsten Schier, 31 August 2023
Markel lands Munich Re’s Umphress as NA head of terrorism

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

Jairo Ibarra, 29 August 2023
WTW’s Bruce to join Markel as chief actuary for international insurance

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

Rachel Dalton, 22 June 2023
Markel International liability head Carter to depart

The underwriter led the division specialising in marine and energy liability.

Samuel Casey, 15 June 2023
Berkshire Hathaway buys 4,050 additional Markel shares, sells 61,000 Aon shares in Q1

Securities filings show the conglomerate’s ownership of Markel holdings was valued at over $600mn at the end of March.

Jairo Ibarra, 15 May 2023
Everest Re takes Markel’s Foley for marine liability as expansion continues

The carrier has also hired Paul Cunningham from Talbot to lead the claims function of its newly launched marine team.

Samuel Casey, 09 May 2023
Markel’s LPT deal with Marco priced at $125.1mn

The loss portfolio transfer deal was completed in March of this year, covering £200mn of UK motor insurance claims.

Abbie Day, 27 April 2023
Marco and Markel £200mn LPT to include unsettled claims

The LPT covers both settled and unsettled claims, taking on “a lot of variability” and potential exposure in terms of the reserve, Marco said.

Abbie Day, 20 March 2023
Markel International hires ANV’s Hutchins for W&I team

Hutchins will report to Bryan Dressler, head of W&I at Markel International.

Ayesha Venkataraman, 23 February 2023