Who is Markel International?
Markel International is the London based subsidiary for the international operations of Markel Corporation, the international property and casualty insurance group headquartered in Richmond, Virginia. Founded in the early part of the twentieth century, Markel Corporation wrote gross premiums of $2.4 billion in 2005 and has a market capitalization of approximately $3.5 billion. Markel International wrote gross premiums of $641 million in 2005. A.M. Best rating is “A-” Markel International operates in the UK through two commercial entities. Markel International Insurance Company Limited (MIICL), its London based insurance company, operates in the London company market, while Markel Syndicate 3000 is its LloydÕs 100 per cent owned corporate syndicate. MIICL is licensed • for insurance in all EU countries • has a Surplus Lines license in 48 US States • is an Accredited Reinsurer in 44 US States MIICL can also write insurance in a number of other overseas territories and reinsurance in most
