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 International names Joe Wong as Professional Financial Risks & Cyber Underwriter
16th October 2025
Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client engagement. Based in the company’s Singapore office, he will report to Olga Wong, Professional Financial Risks & ... Read the full article
Markel appoints Tom Hillier as CUO and unveils new international structure
13th October 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Tom Hillier as Chief Underwriting Officer (CUO), alongside a new structure for its international operations. In his new role, Hillier will be responsible for underwriting strategy and governance across Markel’s international operations, working with business leaders to ... Read the full article
Markel appoints Clarice Francis as Operations Manager for War & Terrorism
30th September 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Clarice Francis as Operations Manager for War and Terrorism. In this role, Francis will focus on enhancing operational efficiency within the International War and Terrorism team, working closely with management, claims, actuarial, and product development departments to ... Read the full article
Willis launches new fully embedded bloodstock solution
1st September 2025
Willis, a WTW business, has announced the launch of a new specialty bloodstock insurance solution in partnership with Equine MediRecord, an equine digital health software company. The new product is designed to make the process of acquiring bloodstock insurance more accessible and efficient for horse owners and trainers across the UK. Equine ... Read the full article
Vast number of Global Re underwriters that joined Ryan Re key part of renewal rights deal: Markel’s Wilson
31st July 2025
Simon Wilson, Chief Executive Officer (CEO) of Markel Insurance, said recently that a really important part of the firm's deal to sell the renewal rights for its Global Reinsurance business to Nationwide, was the large number of the reinsurance underwriting team that had already moved to Ryan Re Underwriting Managers, ... Read the full article
Markel’s operating income rises to $1bn in Q2’25
31st July 2025
Insurer Markel Group’s total operating income for the second quarter of 2025 grew to $1.1 billion from $409 million in Q2’24, largely driven by market value movements within its equity portfolio. In the insurance segment in Q2’25, operating income declined to $128 million from $176 million in Q2’24. The combined ratio for ... Read the full article
Nationwide to acquire renewal rights of Markel’s Global Reinsurance business
31st July 2025
Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has entered into a definitive agreement to acquire the renewal rights of Markel Insurance’s Global Reinsurance business, signalling Markel's exit from the reinsurance market as the firm focuses on growing its core specialty insurance operation. This sale aligns ... Read the full article
Hagerty announces new fronting arrangement with Markel
24th July 2025
Hagerty, a specialty automotive insurer, has entered into a non-binding letter of intent (LOI) for a new fronting arrangement with Markel, marking a significant evolution in its successful partnership. Hagerty provides specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events, and automotive entertainment. Under ... Read the full article
Markel Insurance appoints Christian Stobbs Chief Strategy and Corporate Development Officer
16th July 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Christian Stobbs as Chief Strategy and Corporate Development Officer. In this newly created position, Stobbs will lead efforts to identify and pursue strategic initiatives that support growth across Markel’s insurance operations. Stobbs will be based in the US ... Read the full article
Markel names Joanna Quigan as Senior Underwriter, PFR
10th July 2025
Markel Insurance, the insurance arm of Markel Group Inc., has announced the appointment of Joanna Quigan as Senior Underwriter, Professional and Financial Risks (PFR). Based in Melbourne, Quigan will report to Kym Beazleigh, Head of Professional and Financial Risks. In her new role, she will be responsible for developing and managing underwriting ... Read the full article
Willis and Markel tackle geopolitical risk for cargo owners with new $200m facility
8th July 2025
Willis, a WTW business, and specialist insurer Markel have launched ‘Undercover’, a new $200 million facility that aims to provide coverage for a range of geopolitical exposures faced by cargo owners globally. Developed by Willis, this joint proposition has a unique offering designed for the risk transfer of cargo, war on ... Read the full article
Markel appoints Jasminder Kaur as Country Head – Malaysia
4th July 2025
Markel Insurance, the insurance arm of Markel Group Inc., has announced the appointment of Jasminder Kaur as Country Head – Malaysia. Kaur will report to Kevin Leung, Chief Underwriting Officer – Asia Pacific at Markel. In her new role, she will be responsible for scaling Markel's operations in Malaysia, marking a significant ... Read the full article
Markel appoints Collin Sim as Casualty Underwriter in Singapore
27th June 2025
Markel Insurance, the insurance arm of Markel Group Inc., has announced the appointment of Collin Sim as Casualty Underwriter. The hire marks the establishment of Markel’s first dedicated casualty underwriting position in Singapore. In her new role, Sim will be responsible for developing Markel’s casualty presence in Southeast Asia and the broader ... Read the full article
Markel realigns US Wholesale and Specialty division to accelerate growth
17th June 2025
Markel Insurance, the insurance operations within Markel Group, has made new leadership appointments within its US Wholesale and Specialty division as part of a strategic regional realignment. Namely, Markel has revealed it is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions. The firm ... Read the full article
Sucheng Chang to lead Markel International’s APAC operations
9th June 2025
Sucheng Chang has been appointed to head up Markel International's Asia Pacific business, which operates from its regional hub in Singapore and offices in Australia, Hong Kong, China, India, Malaysia and Dubai. Effective from 14 July, Chang will take over from Christian Stobbs, who announced earlier this year his decision to ... Read the full article
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