Date: 13/11/2014

Markel International Expands Trade Credit Team in Singapore

Markel International, Singapore, November 13, 2014 --- Markel International, the specialist insurer, has today appointed Linda Naili, to its expanding trade credit team in Singapore. Based in Singapore, Ms Naili will be responsible for developing business in the region and will work together with Abhishek Chhajer, senior underwriter and head of trade credit in Asia Pacific, to grow Markel’s Asia Pacific trade credit book.

The Markel trade credit desk in Singapore specialises in writing business from around the region and offers comprehensive non-payment excess of loss multi-buyer and ground-up specific buyer policies with emphasis on delivering specialist solutions including trade finance products and sovereign default/contract frustration cover.  Ms Naili will report directly to Abhishek and her focus will be to build relationships with financial institutions and brokers around the region.

Commenting on her appointment, Ewa Rose, managing director of Markel International’s trade credit division, said: “We would like to extend our warmest welcome to Linda, whose experience will bring great value to the trade credit team in Singapore. Linda’s extensive risk underwriting knowledge gained during her time at GE Capital, will support our existing product lines and our business growth plans.” “We are actively taking steps to boost our resources so that we are well-placed to serve the growing interest in trade credit solutions across the key Asian markets.”

Matthew Cannock, Principal Officer & Managing Director of Markel Asia Pacific, added: “We are very pleased to have Linda join us in Singapore. With the addition of her expertise and experience, we will be able to improve and expand our trade credit offering across the region.” Linda’s appointment follows closely on the back of New York’s trade credit team expansion and Dubai’s license application to offer trade credit cover. Linda Naili is a senior hire with 10 years’ experience as credit risk analyst. Prior to joining Markel, she worked at GE Capital in Paris as a senior credit risk analyst and she also holds a Master in Finance from the ISC Paris Business School.

ENDS

For more information:

Markel International +44 020 7953 6000                        

Michael Henman, Director of Communications   michael.henman@markelintl.com                                                                            

Helix Media – Markel International’s PR Consultant +65 6222 6375

Edward Ion, Managing Partner                                                                            edward.ion@helixmedia.asia                

About Markel International:
Markel International Limited is a subsidiary of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (MKL). Markel International writes insurance and reinsurance business through eight divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel Resseguradora do Brasil S.A. and Markel International Insurance Company Limited. Markel International also manages the business of Abbey Protection Group which provides legal and professional fees insurance cover as well as legal, tax and human resources consultancy services. For more information please visit us at www.markelinternational.com