Markel won’t lean property after market hardening and casualty woes

Markel will retain its lean towards casualty lines despite 2023 underperformance in the segment and hold off on more property exposures despite that market's hardening, handing that opportunity over to third-party investors at its ILS unit Nephila instead, CEO Tom Gayner (pictured) indicated in his letter to shareholders.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

The great reshuffle: people moves that jolted re/insurance in 2025

24 December 2025 From London to Bermuda, the market watched exits jolt the industry, teams reshuffle and others fall into place with far less fanfare.

Insurance

Inside 2025’s Talent War: producers, poachers and brokerages lawyer up

22 December 2025 Brokerage complaints spin tawdry tales to frame defections as low-rent theft & espionage.

Insurance

Cyber rates to fall again as growth prospects remain ‘constrained’

19 December 2025 Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.