Markel
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Fronting growth fell by half in 2024 due to uncertain loss climate and high cost of capital. -
The executive joins RPS after almost 12 years at Markel.
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The lawsuit involves an alleged $100mn+ Ponzi scheme.
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Executives noted that US casualty and professional lines development has been close to flat this year.
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The Insurance Insider US news team runs you through the earnings results for the day.
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This will not impact Markel International, which will continue to operate out of the UK.
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Mullarkey joins from Allianz Global Corporate & Specialty.
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State National will provide $160mn of coverage to James River as part of the deal.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Markel acquired 98% of Valor last month and has the option to buy the remaining equity stakes.
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Jennifer Devereaux will provide overall leadership of casualty products.
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State National is providing $160mn of adverse development reinsurance coverage.
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