Reinsurance News
Markel
Markel provides insurance and reinsurance solutions operating out of the US, Bermuda and other global locations.
The insurance arm of the Markel Group includes, Markel Specialty, Markel International and Markel Global Reinsurance, as well as State National, which manages portfolio protection and program services, and Nephila Capital, which is a specialist insurance-linked securities operation.
Read our Markel insurance or reinsurance news and analysis below.
Markel Insurance lifts underwriting profit 55% in 9M’26 as CoR falls to 92%
29th October 2026
Markel’s insurance segment increased underwriting profit to $462.6 million in the first nine months of 2026, up 55% compared with $298.8 million in the same period last year, as its combined ratio improved by three percentage points to 92%. The insurance segment’s adjusted operating income rose 19% to $1.17 billion for ... Read the full article
Enstar enters into ADC reinsurance agreement with Markel
29th October 2026
Global legacy specialist Enstar Group's wholly-owned subsidiary, Cavello Bay Reinsurance Limited, has entered into an adverse development cover (ADC) reinsurance agreement with Markel Insurance, the insurance operations within Markel Group, covering a portfolio of its run-off global reinsurance business and certain discontinued lines within its insurance operations for underwriting years ... Read the full article
Walker to lead Markel Insurance’s newly launched Chemical, Oil & Gas related Energy Property offering
12th October 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the launch of its Chemical, Oil & Gas-related Energy Property (CORE) offering, and the appointment of Candice Walker to Head of First-Party Energy and Michael McClain as Senior Underwriter – Energy. The launch strengthens Markel’s US First-Party Energy ... Read the full article
Markel International raises London Fine Art & Specie capacity to $250m
6th October 2026
Markel Insurance, the insurance operation within Markel Group Inc., has raised its London Fine Art & Specie capacity from USD 100 million to USD 250 million through Lloyd’s of London to accommodate rising demand. The insurer explained that this increased capacity aims to give Lloyd’s brokers access to higher limits through ... Read the full article
Handen to succeed van de Wall as Markel’s Head of Trade Credit & Political Risk, Americas
30th September 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Jonathan Handen as Head of Trade Credit & Political Risk – Americas for its International operations. In his new position, Handen will oversee the Trade Credit and Political Risk portfolio across the Americas, driving underwriting performance, strategic ... Read the full article
Kevin Leung to lead Markel’s Southeast Asia team
30th September 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Kevin Leung as Managing Director, Southeast Asia, with immediate effect. The appointment follows the business' decision to integrate its Singapore and Malaysia operations under a single Southeast Asia structure, creating a more connected regional platform to support ... Read the full article
Markel names Nick Rugg as Head of Financial Institutions & Fintech – PFR & Cyber, International
18th September 2026
Markel Insurance, the insurance business of Markel Group Inc., has appointed Nick Rugg to the newly expanded role of Head of Financial Institutions & Fintech – PFR & Cyber within its London specialty insurance operation. The appointment is effective immediately and will see Rugg take responsibility for a portfolio spanning four ... Read the full article
Markel appoints Dean Johnson and Rhys O’Neill to Marine Transportation business
16th September 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointments of Dean Johnson as Head of Transport & Logistics (T&L) and Rhys O'Neill as Head of Marine Liability. These appointments follow the recent establishment of Markel International's Marine Transportation business. It brings together leadership across Hull & Hull ... Read the full article
Markel Insurance names Nguyen as Managing Director, Specialty for London Market
10th August 2026
Markel Insurance, the insurance operation within Markel Group Inc., has appointed Doan Nguyen as Managing Director of Specialty of London Market operation, effective immediately. Nguyen succeeds Tom Hillier, who was appointed Chief Underwriting Officer for Markel International earlier this year. She is based in London and reports to Rohan Davies, Managing ... Read the full article
Markel Insurance’s underwriting profit more than doubles to $142m in Q2’26
30th July 2026
Markel Insurance delivered a 40% surge in adjusted operating income to $376.5 million for Q2 2026, serving as the primary growth engine for Markel Group. Underwriting profit for the core specialty insurance division more than doubled to $142.1 million in Q2 2026, up from $63.2 million in the same period of ... Read the full article
Markel appoints Amy Martin as Senior Claims Adjuster for Warranty & Indemnity
1st July 2026
Markel, the insurance operation of Markel Group Inc., a global speciality insurer providing insurance, reinsurance and investment services, has announced the appointment of Amy Martin as Senior Claims Adjuster – Warranty & Indemnity (W&I) within Markel International, the division responsible for its international operations. Based in London, Martin will oversee complex, ... Read the full article
Everett and Doy join Markel International’s Canada CTCS team
17th June 2026
Markel International, the insurance operations within Markel Group Inc., has appointed Alisha Everett as Assistant Vice President, Contractors, Trades and Construction Services, and Nicholas Doy as Manager within the CTCS team, effective immediately. In her new position, based in Toronto, Everett will lead Markel’s CTCS strategy across Canada, overseeing underwriting execution ... Read the full article
Markel names O’Donoghue Head of Fine Art & Specie, London
26th May 2026
Global carrier Markel Insurance has appointed Danny O’Donoghue as the Head of Fine Art & Specie, effective immediately, based in London, reporting to Dan McCarthy, Director of Marine at Markel International. In his new role, O’Donoghue will lead the strategic and sustainable expansion of Markel’s Fine Art & Specie portfolio to ... Read the full article
Markel and Willis launch ‘market-first’ dedicated nuclear insurance facility
19th May 2026
Markel International, a division of Markel Insurance, the insurance operations within Markel Group Inc., and broker Willis, have launched a dedicated nuclear insurance facility described as a “market-first” initiative. The facility is designed to provide expanded, comprehensive underwriting capacity for the nuclear sector, reportedly reflecting what market participants see as growing ... Read the full article
Markel appoints Sebastian Rice as Head of Global Development, Trade Credit
19th May 2026
Markel Insurance, the insurance operation within Markel Group, has announced the appointment of Sebastian Rice as Head of Global Development – Trade Credit. In his new role, Rice will report to Phil Amlot, Global Head of Trade Credit – International, working closely with him to drive innovative, solution-led underwriting and develop ... Read the full article
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