Markel International London, July 30, 2013 --- Markel International Limited, a specialist insurer with a worldwide product portfolio, has promoted Zoe Woods to be Claims Manager for its new Casualty Treaty division.
Markel International Limited, a specialist insurer with a worldwide product portfolio, has appointed Esther Tun as a senior claims adjuster.
London, July 2, 2013 --- Markel International Limited, the specialist insurer with a worldwide product portfolio, has appointed Mike Richardson as European retail claims manager.
Markel UK, Leeds, May 14, 2013. Markel UK, the specialist insurer, has launched a new flexible liability product for charities and community groups, which will be available to brokers through Markel’s no. 1 rated* e-trading system, supported by a knowledgeable underwriting team for more bespoke requirements. The product is one of the few in the market which provides protection for policy holders for damages arising from abuse. With a minimum premium of £75 for public liability and employers’ liability, the policy has been designed to provide simple, easy, modular options for cover that can be selected according to specific needs.
Markel International, London, May 13, 2013 --- Markel International, the specialist insurer with a worldwide product portfolio, has appointed Bhavik Desai as an underwriter in its professional and financial risks division (PFR).
RICHMOND, Va., May 1, 2013 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) announced today that it has completed its acquisition of Alterra Capital Holdings Limited ("Alterra") (NASDAQ: ALTE; BSX: ALTE.BH). The closing follows receipt of all necessary regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in February.
Markel International, London, May 1, 2013 --- Markel Corporation (NYSE – MKL) reported diluted net income per share of $9.50 for the quarter ended March 31, 2013 compared to $5.92 for the first quarter of 2012. The results for the first quarter of 2013 reflect more favourable underwriting results compared to the same period of 2012. The combined ratio for the first quarter of 2013 was 91% compared to 100% for the first quarter of 2012. The combined ratio for the first quarter of 2012 included $20 million, or four points, of underwriting, acquisition and insurance expenses related to the Company’s prospective adoption of Financial Accounting Standards Board Accounting Standard Update No. 2010-26, Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts. Book value per common share outstanding increased 7% to $431.10 at March 31, 2013 from $403.85 at December 31, 2012.
Major insurance and technology implementation moves Markel seamlessly from many systems to just one single business platform
Markel International, London, 8 April 2013. Specialist insurer Markel International has gone live on Sequel’s Eclipse Underwriting software. Markel has rationalised and consolidated its many lines including historical acquisitions, Lloyd’s, companies and non-bureau business on to one system, supporting hundreds of users worldwide, running on Sequel’s software.
Markel International, London, 12 March 2013 - James Hastings has been appointed managing director of Markel’s professional and financial risks division. He replaces David Armes, who retired in December 2012 after more than 10 years with Markel.
Markel International, London, 18 February 2013. Specialist insurer Markel International has strengthened its trade credit division with the appointment of Frank Burghardt.