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 $914 million and a combined ratio of 88% in 2013.

As at 31 December, 2013 Markel International had total assets of $4.3 billion and Markel International Insurance Company had shareholder’s equity of $0.5 billion.

Markel Syndicate 3000 has capacity for 2014 of $0.8 billion.

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

 - 

-

 

 

 

 

 

See A.M. Best's Online Rating Report for Markel International 
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Highlights from 2013

  • First results to reflect the $3.3 billion acquisition of Alterra Capital Holdings creating a business with shareholders’ equity of $6.7 billion and earned premiums of $3.2 billion.
  • Markel Corporation operating revenues increased 44% to $4.3 billion reflecting strong growth across its insurance, investing and Markel Ventures operations.
  • Book value per common share increased 18% to $477.16 from $403.85, a compound annual growth rate over five years of 17%. 
  • Combined ratio of 97% for Markel Corporation and 88% for Markel International.
  • Markel International reported gross written premiums of $914 million for the twelve months ended December 31, 2013 compared to $888 million for the same period in 2012. 
  • Continued strong underwriting performance for Markel International reporting underwriting profit of $95 million. 
  • Acquisition of Abbey Protection plc in January 2014