Markel

Markel's Bailey returns to CFC as cyber underwriting leader

Scott Bailey previously spent 12 years at CFC managing the technology and media division.

Ayesha Venkataraman, 09 February 2023
Markel’s Q4 loss ratio up 8.4 points to 60.3% despite reinsurance improvement

The firm’s insurance LR rose to 60.7% from 49.1%, while the reinsurance LR moved down to 58.7% from 64.1%.

Jairo Ibarra, 01 February 2023
JH Blades seeks new energy liability backing as Markel pulls $75mn paper

The book of business was performing poorly, and was exposed to major claims from the 2021 Huntington Beach oil spill in California.

Samuel Casey, 24 January 2023
Markel to invest as it eyes $10bn-premium insurance arm by 2025: Noble

Group CFO and incoming president of insurance Jeremy Noble has told Inside P&C that the insurance operation is where Markel sees the most upside potential.

Catrin Shi, 21 December 2022
Markel promotes Green to head of underwriting risk

The carrier also promoted Emma Higgins to head of catastrophe management, the role vacated by Green.

Aisling Finn, 15 December 2022
WTW launches pilot for digital trading platform with LSM, Markel

The platform will automate a range of processes across risk submission, risk appetite evaluation, underwriting and pricing for quotation, using a lead algorithm.

Marcel Le Gouais, 17 November 2022
Markel co-CEO Whitt to retire on January 1

Following Whitt’s retirement, co-CEO Thomas Gayner will become sole chief executive, while SVP and CFO Jeremy Noble will become president.

Jairo Ibarra, 17 November 2022
Markel International promotes Davies to lead marine and energy as Fenn exits

The carrier has merged its marine and energy units as it looks to improve service and achieve growth.

Samuel Casey, 13 October 2022
Markel's global reinsurance president and CUO Rhoads to retire

Rhoads joined Markel in 2013 as part of its acquisition of Alterra Capital Holdings Limited.

Farhin Lilywala, 07 September 2022
PV market on watch for Oxxo loss after Mexican cartel attacks

It is understood Markel is the lead insurer and Aon’s Risk Solutions is the broker on the $200mn policy.

Luke Harrison, 06 September 2022
Markel appoints AIG’s Martin as distribution strategy MD

Dan Martin takes on the role from Pat Murphy-O’Connor, who will transition to a consultancy position ahead of his retirement at the end of 2022.

Luke Harrison, 06 September 2022
Markel lures Optio’s UK PV and terror head Kelsey to team

The underwriter originally joined Optio in 2020 as a senior underwriter.

Luke Harrison, 01 August 2022