Financial information

Markel International is a subsidiary of Markel Corporation, which has been listed on the New York Stock Exchange since 1986.

The company underwrites business through Markel International Insurance Company Limited, Syndicate 3000 and Markel Resseguradora do Brasil S.A. It had gross written premiums of $888m in 2012 and, pro forma, of over $1.2 billion, following the group’s acquisition of Alterra Capital in May 2013.

As at 31 December, 2012 Markel International had total assets of $3.9bn and Markel International Insurance Company had shareholder’s equity of $440m.

Markel Syndicate 3000 has capacity for 2013 of £340m.

Markel's financial goals are to build shareholder value by earning consistent underwriting profits and superior investment returns.

Markel employees are significant owners of Markel stock, strengthening the company's commitment to success and high performance.

View our latest Annual Reports.

Our ratings

 

A. M. Best

Fitch

S&P 

Markel Corporation

A

A

A

Markel International Insurance Company (MIICL) 

 A 

A

 A 

Syndicate 3000

A

 - 

-

 

 

 

 

Highlights from 2012

  • Strong underwriting results in 2012 even with the impact of Hurricane Sandy in the fourth quarter.
  • Comprehensive income to shareholders' of $504m.
  • Combined ratio of 97% for Markel Corporation and 89 % for Markel International compared to 102% and 116% in 2011.
  • Strong investment performance resulted in an investment return of $668 m equivalent to a return of 9%.
  • Book value per share increased to $404, representing a compound annual growth rate for the five-year period 9%.
  • Continued to grow our business with strategic acquisitions in both the insurance and non-insurance operations.