Date: 29/03/2019

Markel Completes Part VII Transfer for European Business

Markel International, London, March 29, 2019 – Markel International, the specialist insurer, has completed the transfer of the European insurance business of its London insurance company, Markel International Insurance Company Limited (MIICL), to its Munich based insurance company, Markel Insurance SE (MISE). The transfer secures continuity of service for our policyholders and supports the development of Markel’s business in continental Europe. The High Court approved the transfer yesterday.


William Stovin, president of Markel International, said: “For the last two years we have been working hard to make sure that, as far as our clients are concerned, Brexit will have no impact on their experience of doing business with us. The creation of MISE and the completion of this transfer support our commitment to becoming a substantially larger player in the European market.”        

 

ENDS

 

For more information:
 

Michael Henman, Director of Communications                                               + 44 (0)20 7953 6000  

michael.henman@markelintl.com

 

Susy Chandler, Marketing Manager                                                              + 44 (0)20 7953 6000  

susy.chandler@markelintl.com 

 

 

About Markel International:


Markel International is a division of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (NYSE: MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel International Insurance Company Limited, Markel Insurance SE., Markel Resseguradora do Brasil S.A. and Markel Seguradora do Brasil S.A. Markel International also manages the business of Abbey Protection Group which provides legal and professional fees insurance cover as well as legal and tax consultancy services. For more information please visit us at www.markelinternational.com

 

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