Markel International, Shanghai, September 22, 2015 --- Markel International, the specialist insurer, has appointed Hu Qianhai to head up its business in the People’s Republic of China, based in Shanghai.
Markel has had a presence in China since 2011, when it opened a representative office in Beijing and announced earlier this year that it plans to offer a local solution for Chinese insurers seeking to purchase treaty and facultative reinsurance. Capacity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s China platform.
Reporting to Matthew Cannock, principal officer & managing director of Markel Asia Pacific, Mr Hu will lead the Markel team in China with the aim of providing on the ground local solutions for Chinese insurers.
William Stovin, President of Markel International said today: “Qianhai has a proven ability to grow businesses in the competitive Chinese insurance market. We are confident that he will successfully use these skills to develop our Lloyd’s China based reinsurance business. He is well connected and respected in the Chinese insurance market place an is an important appointment for us as we continue to develop our interests in the People’s Republic”
Prior to joining Markel, Mr Hu has held a number of senior positions in the insurance industry. He founded Huatai Property & Casualty’s special risks unit with Ace and was responsible for successfully growing the business of Huatai Property & Casualty Insurance.
Mr Hu was educated at and graduated from the Central University of Finance & Economics in Beijing, where he majored in international insurance.
For more information:
Michael Henman, Director of Communications + 44 (0)20 7953 6000
About Markel International:
Markel International Limited is a subsidiary of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (MKL). Markel International writes insurance and reinsurance business through eight divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel Resseguradora do Brasil S.A. and Markel International Insurance Company Limited. Markel International also manages the business of Abbey Protection Group which provides legal and professional fees insurance cover as well as legal, tax and human resources consultancy services. For more information please visit us at www.markelinternational.com