Profile of Markel International's operation in Dubai
Markel International is a subsidiary of Markel Corporation, a US-based diverse financial holding company that trades on
the New York Stock Exchange. The Group looks after the commercial insurance needs of major global corporations as well
as SMEs, professionals and sole traders.
Markel International (Dubai) Limited is regulated by the DFSA and is authorized to write business on behalf of Markel International Insurance Company Limited (MIICL) and Markel Syndicate 3000 within the DIFC and throughout the Middle East on reinsurance or insurance basis.
MIICL is licensed in all EU and numerous other overseas territories, while Markel Syndicate 3000 benefits from Lloyd’s global licenses and can write insurance and reinsurance products worldwide across a number of specialist divisions.
The insurance classes written from Markel International’s Dubai office are as follows:
- Trade Credit, Political Risk and Surety
- War and Terrorism
Financial strength rating:
Markel International Insurance Company Limited
S&P: A (Strong)
A.M. Best: A (Excellent)
Syndicate 3000 ** / Lloyd’s
S&P: A+ (Strong)
A.M. Best : A (Excellent)
*Also benefits from ratings for Lloyd’s * At 31 December 2019