surety lines News

Markel International Launches Surety Business; Team Leaders Appointed

Markel International, the London-based specialist insurer and Markel Corp. subsidiary, has launched a surety offering, following the appointment Damian Manning to head the new team and David Chandler as senior underwriter. The business will initially focus on opportunities in the …

Markel International to Enter Surety Market in March 2017

Markel International, the London-based specialist insurer and subsidiary of Markel Corp., will enter the surety market in March this year, following the appointment of two senior underwriters with over 30 years’ combined experience in the surety and trade credit industries. …

ACE Completes Acquisition of Mexican Surety Lines Company Fianzas Monterrey

ACE Limited announced that it has completed the acquisition of Fianzas Monterrey in Mexico from New York Life Insurance Company for approximately $293 million in cash. The bulletin said: “Mexico City-based Fianzas Monterrey is the nation’s second-largest surety lines writer …