Specialist insurer Markel UK has rolled out a new liability product designed to fulfill the specific demands of the rapidly growing UK biomedical and life sciences sector. The sector, which is expected to see strong growth, with ...
Tags: insurer, Life Sciences
International property and casualty insurance holding company Markel Capital has reached on agreement to purchase Abbey Protection to boost its product range in the UK and improve reach within the country’s retail market. Under the ...
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Brit Group Specialty, an Amsterdam-based global specialty insurance and reinsurance firm, is all set to expand its distribution network in Bermuda with the opening of new branch office. The new office, which is subject to regulatory ...
Tags: Brit Group, Distribution Network
Markel Corporation, a US based financial holding company, has completed purchasing Bermuda-based Alterra Capital in a deal valued at nearly $3.13bn in a cash and stock deal. Originally signed on 19 December 2012, the transaction was ...
Tags: Markel, Alterra Acquisition
The Navigators Group has set up a new professional liability unit and named Henry Lopez as its president. The new professional liability unit will continue to underwrite existing E&O products of Navigators for its clients. Based in the ...
Tags: Navigators Group
US based financial holding company Markel’s planned purchase of Bermuda-based Alterra Capital in a deal valued nearly $3.13bn in cash and stock, has received approval from the shareholders of both firms. The transaction, originally ...
International property and casualty insurance holding company Markel has purchased Essentia Insurance Company from OneBeacon Insurance Group, for an undisclosed amount. Financial terms of the transaction have not been disclosed by the ...
Tags: Markel, Essentia Insurance Company, Insurance Group, insurance
US based diverse financial holding company Markel has inked a definitive agreement to acquire Bermuda-based Alterra Capital in a deal valued nearly$3.13bn in cash and stock. Based on a closing price of$486.05 for Markel common stock on 18 ...
Tags: Markel, acquisition, Alterra
Markel American Insurance has expanded its recreational vehicle coverage into New Jersey as a new option to consider motorcycle insurance shopping. Markel American Insurance Company president Audrey Hanken said that Motorcycle Coverage to ...
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Aspen Insurance has named Richard Aldorisio as executive vice president of casualty insurance unit, which now includes excess and primary casualty, with effective from 4 September 2012. Having 30 years of underwriting and management ...
Tags: Aspen Insurance, Richard Aldorisio, casualty insurance unit
Markel Ventures has acquired a majority interest in US-based Reading Bakery Systems and affiliated entities for an undisclosed amount. Reading Bakery Systems, based in Reading, Pennsylvania, designs and manufactures industrial baking ...
US-based AMF Bakery Systems has completed the acquisition of Tromp Bakery Equipment, a supplier of baking equipment based in Gorinchem, The Netherlands. Tromp designs and manufactures sheeting lines for pie, pizza, pastry, and bread ...
Target stores is recalling various salad lines sold in Rhode Island,US,as the products may be contaminated with Listeria monocytogenes,according to the Rhode Island Department of Health. The products being recalled are Market Pantry and ...
Tags: salad lines, Listeria monocytogenes, recall
Markel American Insurance has spun off Markel Cyclist, a new bicycle insurance program designed to offer specialized protection for cyclists. The underwriter claims that it has created the program with an aim to allow cyclists to create ...
Tags: Markel American Insurance, bicycle insurance, insurance
AMF Bakery Systems,a subsidiary of Markel Ventures,has completed the acquisition of Tromp Bakery Equipment and affiliated entities for an undisclosed amount. Tromp Bakery Equipment is involved in the design and the manufacture of sheeting ...
Tags: AMF Bakery Systems, Tromp Bakery Equipment, Markel Ventures