Markel International is a subsidiary of Markel Corporation, a US-based holding company for insurance and investment operations around the world, that trades on the New York Stock Exchange (NYSE: MKL), has $32.8 billion of combined assets and $9.5 billion of shareholders’ equity. In 2017 Markel Corporation wrote gross premium of $5.5 billion.
Classes of business
Markel International's Asian operation offers an underwriting and claim service for core product portfolio of Marine Hull & Cargo, Marine Energy, Casualty, Financial Lines and Trade Credit, and Political Risk. It also offers access to Markel's product offering some 80 products currently available at Markel globally. It has offices in Hong Kong, Malaysia, China and India, who all report into Singapore.
The products offered by Markel International Singapore:
- Product Liability
- Property Facultative
- Property Treaty
- Cyber Liability
- Trade Credit and Political Risk
- Casualty Treaty
- Energy Liability
- Marine and Aviation War
- Marine Hull
- Marine Liability
- Marine Cargo
- Professional Indemnity
- Directors' and Officers' Liability
- Bankers Blanket Bond
- Personal Accident, Contingency and Entertainment
Placing a risk with Lloyd's in Singapore
Lloyd's Asia Service Companies are able to trade with any broker and there is no requirement to use a Lloyd's broker.
If you are a broker and wish to place business with Lloyd's Asia Service Companies please view the class of business matrix here.