Latest Markel Headlines

All the headlines from our Markel Topic Page, ordered by recency.

Markel CATCo Reports U.S., Bermuda Inquiries into Reserves

Dec 9 2018 // On Friday Dec .7, Markel Corp. said it was fully cooperating with inquiries by U.S. and Bermuda authorities into loss reserves recorded in late 2017 and early 2018 at Markel CATCo Investment Management Ltd., the...

Business Moves

Dec 3 2018 // Hilb Group, Burns & Eustice Insurance AgencyHilb Group LLC has acquired Michigan-based Burns & Eustice Insurance Agency. B&E has been offering property/casualty insurance products and services to businesses and...

Markel International to Partner with Yacht Insurer Pantaenius

Nov 28 2018 // Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients...

Markel Completes Acquisition of Investment Manager Nephila

Nov 15 2018 // Specialty insurer Markel Corp. has completed its acquisition of Nephila Holdings, an investment manager specializing in reinsurance risk.According to the transaction that was first announced in August, Nephila will...

Markel’s German Insurance Unit Gets Approval to Operate UK Branch

Nov 12 2018 // Markel Corp. announced that its German insurance company, Markel Insurance SE (MISE), has received regulatory approval to operate a branch office in the UK. MISE was established to meet the insurance needs of clients...

Markel India Is Now Open for Business, Providing Specialist Facultative Reinsurance

Oct 5 2018 // Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business.Markel said it provides specialist facultative reinsurance to local Indian...

Business Moves

Sep 17 2018 // Hub International, Kilbride & Harris Insurance ServicesHub International Ltd., a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not...

Staffpak Announces New Carrier Partner For Staffing Agency and PEO Programs

Sep 6 2018 // Dallas, TX, September 6, 2018— U.S. Risk’s StaffPak program has partnered with program-driven Markel Specialty to offer property and casualty coverage to the staffing and PEO industries. Markel will provide...

Markel to Acquire Insurance-Linked Securities Manager Nephila

Aug 31 2018 // Specialty insurer Markel Corp. has agreed to acquire all of the outstanding shares of Nephila Holdings, a standalone insurance-linked securities manager.Nephila, has more than $12 billion of assets under management for...

Markel Appoints Beazley’s Lam as Professional & Financial Risks Underwriter

Aug 23 2018 // Markel International, the London-based specialist insurer, has appointed Gordon Lam as a senior professional and financial risks (PFR) underwriter. He will be based in Singapore initially and is expected to relocate to the...

As Underwriting Pain Increases, Insurers Pull Back from Underperforming Lines

Aug 6 2018 // Markel Corp. Co-Chief Executive Officer Richie Whitt made the observation during his company’s earnings conference call, on which leaders also reported a 13 percent jump in operating income for the second...

Markel’s New German Insurer Rated ‘A’ by A.M. Best

Jul 27 2018 // Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best.MISE has been established to meet the insurance...

Markel Licensed to Form Insurer in Germany, Securing Post-Brexit EU Access

Jul 20 2018 // Markel Corp. announced it has been granted a license by the German federal financial supervisory authority, BaFin, to establish an insurance company in Germany.Following Brexit, the United Kingdom’s exit from the...

Markel to Welcome Chubb’s Cox as Insurance Operations President, COO; Promotes Kiscaden, Sanders

Jul 11 2018 // Specialty insurer Markel Corp. has announced executive leadership changes for its insurance operations.Robert Cox will join Markel in the newly created position of president and chief operating officer, Insurance...

Markel Gets License to Underwrite Reinsurance on Lloyd’s India Platform

Jun 12 2018 // Markel International, the specialist insurer, has been granted a license by the Insurance Regulatory and Development Authority of India to write reinsurance business in the country. Capacity will be provided by...

People

May 7 2018 // PIA Management Services Inc. has hired Bradford J. Lachut as director of Government and Industry Affairs for the five PIA state affiliates managed by the Glenmont, N.Y.-based group.Lachut previously served as PIA’s...

Markel International Names Davies Trade Credit Underwriter in Singapore

Apr 25 2018 // Specialty insurer Markel International has appointed Nicholas Davies as trade credit underwriter and senior risk analyst in Singapore.Davies will focus on developing Markel’s portfolio across the region, in addition...

Markel Revamps Excess Casualty Leadership Team

Apr 16 2018 // Markel Corp. has reorganized the leadership structure of its excess casualty team, the underwriting unit with teams in the U.S., Bermuda, Dublin and London.Matt Mullen and Colin Shaw, both managing directors, Casualty,...

Markel Corporation Names Kenny Managing Director in Virginia Headquarters

Apr 11 2018 // Markel Corporation has named Brian Kenny managing director of strategic customer growth.Kenny is based in Markel’s headquarters in Richmond, Va., and reports to Markel Assurance President Bryan Sanders. In his new...

Michael Crowley to Receive City of Hope’s Spirit of Life® Award

Apr 11 2018 // Duarte, CA, April 11, 2018 — The National Insurance Industry Council has selected Michael “Mike” Crowley, vice chairman (retired) of Markel Corporation, as the recipient of the 2018 Spirit of Life® Award....