Latest Markelcorp Headlines
All the headlines from our Markelcorp Topic Page, ordered by recency.
Markel International Names Tun Senior Claims Adjuster
Jul 3 2013 // Markel International Limited has appointed Esther Tun as a senior claims adjuster. Tun joins Markel International following earlier appointments as a professional lines claims adjuster at Aspen Insurance UK Limited and at...
Markel Promotes Richardson to European Retail Claims Manager
Jul 2 2013 // London-based specialty insurer Markel International Limited has appointed Mike Richardson as European retail claims manager. Previously claims manager for Markel International’s UK retail division, a position he held...
Markel Completes Alterra Acquisition
May 1 2013 // Markel Corp. said it has completed its acquisition of Alterra Capital Holdings Limited. The closing follows receipt of regulatory approvals and votes in favor of the transaction by the shareholders of the two companies in...
Markel Appoints Chief Information Officer in Virginia
Mar 27 2013 // Richmond, Va.-headquartered Markel Corporation announced that Mike Scyphers has been promoted to chief information officer. Scyphers is an information technology industry veteran with 23 years of experience who has been...
Ratings: American Resources, Attorneys Mutual, Markel (notes), Caelus Re, National Automotive
Mar 21 2013 // A.M. Best Co. has upgraded the financial strength rating to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit rating to “bb+” from “bb-” of Alabama-based American Resources...
Markel Enhances Tenant Discrimination Policy
Mar 18 2013 // Markel has revamped its tenant discrimination policy for property owners and managers. The newly enhanced form now offers a number of new coverage features including: extended reporting periods, expanded definitions, and...
Markel Names Falvey Director of Public Entity Product Line For West
Mar 12 2013 // Brendan Falvey was named director of the public entity product line for the Markel Corp.’s West Region. Falvey is responsible for managing existing West Coast public entity client and broker relationships and...
Hastings Joins Markel’s Professional, Financial Risks Unit; Replaces Retired Armes
Mar 12 2013 // James Hastings has been appointed managing director of Markel International’s professional and financial risks division in London. He replaces David Armes, who retired in December 2012 after more than 10 years with...
Markel and Alterra Shareholders Approve Acquisition
Feb 27 2013 // Markel Corp. and Bermuda-based Alterra Capital Holdings Limited shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel, as announced in December 2012. Under the terms of the...
Markel’s 2012 Q4 Profit Rises 13%; Full-Year Profit Up 78%
Feb 5 2013 // Markel Corp. reported 2012 fourth-quarter net profit to shareholders of $56.79 million, up 13.2 percent compared to $50.18 million reported in the fourth quarter of 2011. For the full-year 2012, the Glen Allen, Va.-based...
Business Moves – Southeast
Jan 14 2013 // Markel, Alterra Specialty insurer Markel Corp. agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase its diversification and expand into reinsurance. The transaction is expected to...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
Markel Acquiring Alterra for $3.1B to Diversify, Expand to Reinsurance
Dec 19 2012 // Specialty insurer Markel Corp. has agreed to acquire Alterra Capital Holdings Ltd. for $3.1 billion in cash and stock to increase business diversification and expand into reinsurance. The two companies announced Wednesday...
Markel Adds DataBreach Mitigation to Management Liability Policies
Nov 28 2012 // Markel is now offering DataBreach Mitigation coverage for its management liability product line. The policy includes a sublimit for PR expense coverage, notification and related legal expenses, and voluntary credit...
OneBeacon Cuts Ties with Hagerty Agencies, Selling Essentia to Markel
Nov 19 2012 // OneBeacon Insurance Group Ltd. is selling its Essentia Insurance Co. unit to Markel Corp., according to company announcements. The deal is subject to regulatory approvals and is expected to be completed in January...
Best Affirms Markel Corp. and U.S. Subs Ratings; Outlook Stable
Nov 14 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the members of the Markel North America Insurance Group. Best also...
Best Affirms Markel International, Lloyd’s Syndicate Ratings; Outlook Stable
Nov 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a+” of UK-based Markel International Insurance Company...
Markel Promotes Thompson to President of Markel Specialty
Nov 9 2012 // Greg Thompson has assumed new responsibilities as president of Markel Specialty, a division of the Virginia-based specialty insurer Markel Corp. Thompson has been in the insurance business for 30 years. He began his career...
Markel Unveils Risk Management Portal for DataBreach Policyholders
Nov 9 2012 // Markel has launched a new risk management portal for DataBreach policyholders that includes information and technical resources that can assist in the prevention of network, cyber, and privacy breaches as well as support...
Business Moves – Southeast
Nov 5 2012 // Cooper Gay Swett & Crawford Cooper Gay Swett & Crawford (CGSC) has agreed terms with Lightyear Capital LLC and institutional co-investors for a substantial investment into the CGSC Group. The investor will own 55...
