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.
Grant Smith named Head of Transport and Logistics at Markel
14th January 2025
Markel, the insurance division of Markel Group Inc., has announced the appointment of Grant Smith as the head of its Transport and Logistics team, effective immediately. In his expanded role, Smith will oversee the development of underwriting strategies aimed at achieving sustainable and profitable growth within the Transport and Logistics sector. His ... Read the full article
Markel appoints Jack Taylor as Executive of Distribution Strategies and Business Development for Asia Pacific
13th January 2025
Markel, the insurance division of Markel Group Inc., has announced the appointment of Jack Taylor as Executive, Distribution Strategies and Business Development, Asia Pacific. Based in Singapore, Taylor will oversee broker engagement across the region. This newly created role aligns with Markel's strategic focus on enhancing its broker relationships in Asia Pacific ... Read the full article
Markel names David Pressman Senior Underwriter, Marine Cargo
21st November 2024
Markel, the insurance division of Markel Group Inc., has announced the appointment of David Pressman as Senior Underwriter, Marine Cargo, effective immediately. In his new role, Pressman will contribute to the strategic growth of Markel's Marine Cargo portfolio in London. His responsibilities will include managing both new and renewal business, building strong ... Read the full article
Markel’s operating income up on investments but elevated losses drive reinsurance segment loss
31st October 2024
Global re/insurer Markel Group Inc. has reported operating income of $1.4 billion and $3.1 billion for the third quarter and first nine months of 2024, respectively, and while overall the firm's insurance engine performed well in both periods, elevated losses resulted in a reinsurance segment operating loss for the company. Across ... Read the full article
Markel hires MarketScout’s Furmanek as Senior Underwriter, Fine Art, NA
29th October 2024
Markel, the insurance division of Markel Group, has appointed Dena Furmanek as Senior Underwriter – Fine Art, North America, with immediate effect. Based in the Chicago area, Furmanek will report to Kyle McGrath, Head of US Fine Art. In her new role, Furmanek will be expected to support the profitable expansion of Markel’s ... Read the full article
Jim Hinchley named Chief Retail Officer for Markel’s Specialty division
23rd October 2024
Markel, the insurance division of Markel Group Inc., has announced the appointment of Jim Hinchley as Chief Retail Officer for its Specialty division. In this role, Hinchley will lead Markel's retail strategy, drive profitable growth in existing business, and explore new opportunities for expansion within the retail channel. He will report to ... Read the full article
Markel strengthens cyber team with Eastwood hire as Senior Underwriter
9th October 2024
Markel, the insurance division of Markel Group Inc., has appointed Jack Eastwood as Senior Underwriter, Cyber, effective immediately. Eastwood will be based at Markel’s London office and report directly to Dan Fox, Head of Cyber for Markel. As a senior underwriting leader of Markel’s Cyber & Technology team, he will work ... Read the full article
Markel strengthens International Casualty Portfolio with key leadership appointments
2nd October 2024
Markel, the insurance division of Markel Group Inc., has made three significant appointments as part of its strategy to expand its International Casualty portfolio and enhance its Wholesale Claims service for broker partners. Lauren Percival has been named Executive Underwriter – General Liability. In her new position, she will collaborate with ... Read the full article
Markel hires April Tam to strengthen Financial Institutions proposition in Asia
20th September 2024
Markel, the insurance arm of global re/insurer Markel Group Inc., has announced the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia. In this role, Tam will focus on strengthening Markel's financial institutions offerings in Asia. She will collaborate with ... Read the full article
Markel adds Mullarkey as Global Executive Underwriting Officer, Property & First Party Lines
5th September 2024
Markel, the insurance arm of global re/insurer Markel Group Inc., has appointed Jamie Mullarkey to the role of Global Executive Underwriting Officer for Property and First Party Lines. In this global role, Mullarkey will lead the strategy for property and first-party lines, supporting multiple initiatives and cross-division opportunities. Additionally, he will be ... Read the full article
Markel appoints Rhys O’Neill as Senior Underwriter, Marine & Energy Liability, Intl. Specialty
4th September 2024
Markel, the insurance operations within Markel Group, has appointed Rhys O’Neill as Senior Underwriter, Marine & Energy Liability, International Specialty, with immediate effect. He will be based in London and report to Grant Smith, Director of Marine & Energy Liability, International Specialty. As a Senior Underwriter, O’Neill will be responsible ... Read the full article
SageSure partners with Markel to increase Expanded Markets capacity
27th August 2024
SageSure has collaborated with Markel, the insurance division of Markel Group, to introduce new capacity to its Expanded Markets program. SageSure Expanded Markets will initially distribute Markel’s insurance products in Louisiana, South Carolina, and Texas, with plans to expand to additional states in the future. Dan Maloney, Vice President of Expanded Markets ... Read the full article
Markel boosts International Casualty team with Hannaford and Murray appointments
6th August 2024
Markel, the insurance operations within Markel Group, has announced the addition of Robert Hannaford and James Murray to its International Casualty team, effective immediately. Hannaford, who brings over a decade of underwriting experience to Markel, was appointed Senior Underwriter, Life Science. In this role, he will support the development and build-out ... Read the full article
Markel strengthens Singapore & Hong Kong teams with key hires
5th August 2024
Markel, the insurance operations within Markel Group Inc., has announced several key appointments to its Singapore and Hong Kong teams, strengthening its operations and underwriting capabilities in the Asia Pacific region. Alvernia Xu has been named Head of Operations, Asia Pacific, based in Singapore. In her new role, she will ensure ... Read the full article
Markel’s underwriting profit dips to $134.2m in Q2, CR sits at 93.5%
1st August 2024
Global re/insurer Markel Group has posted an underwriting profit of $134.2 million for the second quarter of 2024, an 8% decrease from the $145.3 million figure the firm reported last year. At the same time, the organisation's total operating revenues for Q2 2024 sat at $3.7 billion, a decrease from the ... Read the full article
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