Harold L. Morrison, Jr. to Join Markel's Board of Directors
RICHMOND, Virginia, Nov. 21, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment ofHarold L. Morrison, Jr. to its Board of Directors, effectiveJanuary 1, 2020. Morrison retired from Chubb Insurance Company inDecember 2017 after a 33-year career in the insurance i...
Brenton Slade Named President Of Lodgepine Capital Management
RICHMOND, Virginia, Sept. 18, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced it has hired Brenton" Brent" Slade as president of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities (ILS) fund based inBermuda. "We are very pleased to have B...
Markel Corporation Launches Lodgepine Capital Management Limited, Its New Retrocessional ILS Platform Based In Bermuda
RICHMOND, Virginia, Sept. 9, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced the launch of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities (ILS) fund manager in Bermuda, together with a reinsurance company, Lodgepine Re. Lodgepine's ini...
James Proferes joins Markel as Executive Underwriting Officer for Global Professional Liability
RICHMOND, Virginia, June 4, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatJames Proferes has been named Executive Underwriting Officer for Global Professional Liability. In this new role, Proferes will work closely with Markel's insurance and reinsurance divisions on ini...
Markel names Guenter Kryszon Executive Underwriting Officer for Global Property
RICHMOND, Virginia, May 3, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatGuenter Kryszon will be joining the company as Executive Underwriting Officer for Global Property. Kryszon's appointment is effectiveMay 13, 2019. Most recently Kryszon held an executive position at...
Markel Corporation releases 2018 annual report
RICHMOND, Virginia, March 22, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it released its 2018 annual report. One of the highlights of the annual report is the letter to shareholders. An excerpt from the letter is shared below. "As we noted last year, we define a gre...
Markel Corporation releases annual letter to shareholders
RICHMOND, Virginia, March 18, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it released its annual letter to shareholders. The letter, signed by Markel's Co-CEOs Thomas S. Gayner and Richard R. Whitt, III, is the most recent letter to shareholders since Markel went publ...
Markel Issues Statement on Markel CATCo
RICHMOND, Virginia, Jan. 19, 2019 /PRNewswire/ -- Markel Corporation (NYSE: MKL) said today that effective immediately,Anthony Belisle, Markel CATCo Chief Executive Officer andAlissa Fredricks, Markel CATCo Chief Executive Officer - Bermuda are no longer with the company. As previously announce...
Markel Issues Statement
RICHMOND, Virginia, Dec. 7, 2018 /PRNewswire/ -- Markel Corporation (NYSE: MKL) said today that after having been contacted onNovember 30, 2018, it is fully cooperating with inquiries by US andBermuda authorities into loss reserves recorded in late 2017 and early 2018 at Markel CATCo Investmen...
Markel completes acquisition of Nephila Holdings Limited
RICHMOND, Virginia and NASHVILLE, Tennessee, Nov. 15, 2018 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) announced today that it has completed its acquisition of Nephila Holdings Limited ("Nephila"), a leading investment manager specializing in reinsurance risk. Richie Whitt, Mar...
Markel to acquire Nephila Holdings Limited
RICHMOND, Va. and NASHVILLE, Tenn., Aug. 31, 2018 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and Nephila Holdings Limited ("Nephila") announced today that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. Nephila is the...
Robert Cox joins Markel as President and Chief Operating Officer to oversee all insurance operations
RICHMOND, Virginia, July 11, 2018 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today an enhanced leadership structure designed to accelerate growth, build on its financial strength, and deliver value to its customers. Robert Cox will join Markel in the newly created position of Preside...
Markel announces new excess casualty leadership team
RICHMOND, Virginia, April 14, 2018 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it has reorganized the leadership structure of its excess casualty team. The underwriting unit, with teams in the US,Bermuda, Dublin, and London, reports into Alan Rodrigues, Executive Underwrit...
Markel appoints Julia Chu as Chief Global Ceded Reinsurance Officer
RICHMOND, Virginia, March 14, 2018 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatJulia Chu has been appointed Chief Global Ceded Reinsurance Officer, effective immediately. In this newly created position, Chu will head up Ceded Re functions across Markel's product lines and i...
Markel to acquire State National
RICHMOND, Va. and BEDFORD, Texas, July 26, 2017 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and State National Companies, Inc. (NASDAQ: SNC) today announced that they have entered into a definitive agreement under which Markel will acquire all of the outstanding shares of State Nati...
Markel to create new insurance division
RICHMOND, Virgina, June 8, 2017 /PRNewswire/ -- Markel Corporation (NYSE – MKL) today announced the creation of a new insurance division which combines Markel's Wholesale (excess and surplus lines) and Global Insurance (complex, risk-managed accounts) divisions.Bryan Sanders, President of Markel ...
Markel plans to establish German insurance company in Munich to support EU-27 growth strategy
RICHMOND, Virginia, May 18, 2017 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced that following discussions with BaFin, the German federal financial supervisory authority, it plans to apply for regulatory approval to establish an insurance company inGermany to ensure that whatever ...
Markel to Acquire Assets of CATCo Investment Management Ltd.
RICHMOND, Va., LONDON and HAMILTON, Bermuda, Sept. 10, 2015 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and CATCo Investment Management Ltd. ("CATCo") jointly announced today that they have entered into an agreement whereby Markel will acquire substantially all of the assets of CATC...
Markel announces leadership changes to its Global Reinsurance division
RICHMOND, Va., April 25, 2015 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatJed Rhoads, President and Chief Underwriting Officer of Markel Global Reinsurance, has assigned the following responsibilities to the divisional management team. Logo - http://photos.prnewswire.com/p...
Markel Re announces leadership changes
RICHMOND, Va., Oct. 1, 2014 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatDavid Kalainoff, President and Chief Underwriting Officer -- Casualty of Markel's Global Reinsurance (Markel Re) division, is retiring effectiveJune 1, 2015. Jed Rhoads, presently Markel Re's President ...
