Markel strengthens strategic investment in Australia with local presence and leadership
LONDON, Sept. 14, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced it has hired an in-country leader and will open three new offices inAustralia in September 2023. These offices, in Sydney, Melbourne and Brisbane, will be led by Rory Morison, wh...
Markel expands global terrorism offering with senior North America leader
LONDON, Aug. 29, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), has appointedAndrew Umphress as the head of terrorism forNorth America. The appointment signals Markel's commitment to broadening the scope of its offering to clients acrossNorth America as...
Markel announces Steven Feng as an underwriter for Warranty and Indemnity
MARKEL, London, Aug. 10, 2023 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), has namedSteven Feng as an underwriter for its Warranty and Indemnity (W&I) team. This new arrival forms an integral part of Markel's strategy as the organisation continues to ...
Markel announces expanded events for 2022 shareholders meeting
RICHMOND, Va., April 22, 2022 /PRNewswire/ -- Markel Corporation (NYSE: MKL) will hold its 2022 shareholders meeting at Virginia Credit Union LIVE! at the Richmond Raceway, 900 E. Laburnum Avenue,Richmond, Virginia on Wednesday, May 11, 2022, starting at 2:00 p.m. ET. After concluding the regular...
Markel Corporation and Markel CATCo Announce Court Approval of Buy-Out Transaction
RICHMOND, Va., March 17, 2022 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. ("MCIM") today announced court approval of the buy-out transaction and schemes of arrangement (the "Buy-Out Transaction") being undertaken by Markel CATCo Reinsurance Fund Ltd....
Morgan Housel joins Markel's Board of Directors
RICHMOND, Va., Nov. 17, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment ofMorgan Housel to its board of directors, effectiveNovember 16, 2021. Housel serves as a partner of The Collaborative Fund, a multi-stage private investment fund. He is also a frequent ...
Markel Corporation Announces Wind Down of Lodgepine
RICHMOND, Va., Nov. 16, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced that it is winding down Lodgepine Capital Management Limited (Lodgepine), its retrocessional Insurance Linked Securities (ILS) fund manager based inBermuda. Markel launched Lodgepine in 2019, with produc...
Markel Corporation and Markel CATCo Announce Commencement of Schemes of Arrangement and Improved Terms of Buy-Out Transaction for Investors in Markel CATCo Reinsurance Fund Ltd. and CATCo Reinsurance Opportunities Fund Ltd.
RICHMOND, Va., Oct. 26, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. (MCIM) today announced that, following the conclusion of the Early Consent Deadline of22 October 2021 with respect to the Buy-Out Transaction announced on27 September 2021, a s...
Markel Corporation and Markel CATCo Announce Buy-Out Transaction Offering Accelerated Return of Capital to Investors in Markel CATCo Reinsurance Fund Ltd. and CATCo Reinsurance Opportunities Fund Ltd. and Appointment of Joint Provisional Liquidators to Facilitate Implementation
RICHMOND, Va., Sept. 27, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. (MCIM) today announced the terms of a Buy-Out Transaction that provides for an accelerated return of substantially all the net asset value (NAV) in Markel CATCo Reinsurance Fun...
Markel opens Paris branch to support small and medium-sized enterprises in the French market
LONDON, Sept. 13, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it has opened a new branch office inParis to support small and medium-sized enterprises (SMEs) in the French market. The move is part of a longstanding strategy to further expand and scale the company's gl...
Simon Wilson to succeed William Stovin as President of Markel International
LONDON, June 29, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatSimon Wilson will become the next President of Markel International, a wholly-owned subsidiary. He will succeedWilliam Stovin who has led the Markel International division since 2008. The transition is part o...
Markel promotes Kelly Castriotta to Managing Director, Global Cyber Underwriting Executive
RICHMOND, Va., May 20, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Kelly Castriotta has been appointed Managing Director, Global Cyber Underwriting Executive, effectiveMay 17. In her new role, Kelly will work across the organization leading the global underwriting ...
Markel hires Trevor Gandy to lead talent, diversity, and inclusion initiatives
RICHMOND, Va., Jan. 5, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatTrevor Gandy has joined the company as Managing Director, Talent, Diversity and Inclusion, effectiveJanuary 1, 2021. In this new role, Gandy will further shape the company's diversity, equity, and incl...
Mark M. Besca Joins Markel's Board of Directors
RICHMOND, Va., Nov. 19, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment ofMark M. Besca to its board of directors, effectiveNovember 18, 2020. Besca serves as a consultant to EY (formerly Ernst & Young, LLP) having retired from EY inJune 2020 after a 42-year ca...
Markel Consolidates All Property CAT Reinsurance Business Under Nephila
RICHMOND, Virginia, Oct. 7, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it is creating one center of expertise for the global property catastrophe (CAT) reinsurance market by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel's ...
Markel hires Kelly Castriotta as Senior Director, Global Cyber Underwriting
RICHMOND, Virginia, Sept. 3, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatKelly Castriotta, Esq., has joined the company as Senior Director, Global Cyber Underwriting. In this new role, Castriotta will work closely with Markel's cyber leaders to further strengthen cybe...
Markel appoints Julia Chu as Chief Risk Officer
RICHMOND, Virginia, Aug. 25, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatJulia Chu has been appointed Chief Risk Officer, effective immediately. In this new role, Chu will be responsible for Markel's enterprise risk management, capital planning, and ceded reinsurance ...
A. Lynne Puckett Joins Markel's Board Of Directors
RICHMOND, Virginia, Aug. 21, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment of A.Lynne Puckett to its board of directors, effectiveAug. 20, 2020. Puckett serves as the senior vice president and general counsel of Celanese Corporation, a global technology lea...
Markel Corporation Announces Location Change and Will Provide Details on How to Listen to the Meeting Remotely
RICHMOND, Virginia, April 3, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced a change in location for its 2020 Annual Meeting of Shareholders. The 2020 Annual Meeting of Shareholders will be held onMonday, May 11, at 4:30 p.m. ET at its headquarters at 4521 Highwoods Parkway, ...
Alan Kirshner To Retire As Executive Chairman Of Markel Corporation; Steven Markel To Become Chairman Of The Board At 2020 Annual Meeting
RICHMOND, Virginia, Nov. 21, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatAlan I. Kirshner, the company's Executive Chairman and Chairman of the Board, informed the company that he will not stand for re-election at the company's 2020 Annual Meeting of Shareholders sched...
